000152257 001__ 152257
000152257 005__ 20180122225623.0
000152257 037__ $$a964-2016-75027
000152257 041__ $$aen_US
000152257 245__ $$aFIRM-LEVEL EVIDENCE OF DEADWEIGHT LOSS OF INVESTMENT SUPPORT POLICIES: A CASE STUDY OF DAIRY FARMS IN SCHLESWIG-HOLSTEIN
000152257 260__ $$c2013-06
000152257 269__ $$a2013-06
000152257 300__ $$a30
000152257 336__ $$aConference Paper/ Presentation
000152257 520__ $$aThe main objective of the present study is to estimate the extent to which the RDP
investment support has a complementary or a substitutionary effect on farm investments. In
order to answer this question, we attempt to quantify the potential deadweight loss by
estimating the extent to which the RDP beneficiaries would have undertaken comparable
investments also without the investment support. We find that the deadweight loss of the RDP
is close to 100%, implying that firm investment would have been undertaken also without the
support. These results suggest that capital market distortions are not significant in Schleswig-
Holstein. Similarly, no evidence was found that, due to programme support, farms would have
brought forward their investments planned originally in a later period, suggesting no evidence
of inter-temporal substitution of investments. These results are new, as the deadweight loss
and its conditionality have not been studied in the context of the RDP in Germany before.
000152257 542__ $$fLicense granted by Elizabeth Hilber (hilb0033@umn.edu) on 2013-07-09T19:54:46Z (GMT):

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000152257 650__ $$aAgricultural and Food Policy
000152257 650__ $$aCommunity/Rural/Urban Development
000152257 650__ $$aInternational Relations/Trade
000152257 650__ $$aPublic Economics
000152257 6531_ $$aRural development policies
000152257 6531_ $$ainvestment subsidy
000152257 6531_ $$acrowding out
000152257 6531_ $$asubstitution effects
000152257 6531_ $$aadditionality
000152257 6531_ $$asubsidy leverage
000152257 6531_ $$adeadweight loss
000152257 6531_ $$apropensity score matching
000152257 700__ $$aMichalek, Jerzy
000152257 700__ $$aCiaian, Pavel
000152257 700__ $$aKancs, d'Artis
000152257 773__ $$d2013
000152257 8564_ $$s268580$$uhttps://ageconsearch.umn.edu/record/152257/files/A.1.3_paper_IATRC_deadweight%20loss%20of%20investment%20support_Seville2013.pdf
000152257 887__ $$ahttp://purl.umn.edu/152257
000152257 909CO $$ooai:ageconsearch.umn.edu:152257$$pGLOBAL_SET
000152257 912__ $$nSubmitted by Elizabeth Hilber (hilb0033@umn.edu) on 2013-07-09T19:58:03Z
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  Previous issue date: 2013-06
000152257 982__ $$gInternational Agricultural Trade Research Consortium>Proceedings Issues>2013: Productivity and Its Impacts on Global Trade, June 2-4, 2013. Seville, Spain
000152257 980__ $$a964