@article{Ciliberti:301890,
      recid = {301890},
      author = {Ciliberti, Stefano and Frascarelli, Angelo},
      title = {The income effect of CAP subsidies: implications of  distributional leakages for transfer efficiency in Italy},
      journal = {Bio-based and Applied Economics Journal},
      address = {2018-08-31},
      number = {1050-2020-537},
      month = {Aug},
      year = {2018},
      abstract = {Enhancing farm income level is one of the main purpose of  the Common Agricultural Policy (CAP). The ability to reach  such a goal can be measured in terms of transfer  efficiency, that is affected by the presence of  distributive leakages through the agro-food system. The  present work aims to shed light on the income  distributional effects of the main forms of CAP subsidies  in Italy over the period 2008–2014: single payment scheme,  coupled payment and second pillar aids. To this aim, an  Arellano–Bond linear dynamic panel-data estimation (based  on a database provided by the Italian FADN) is performed.  Results show that all the main types of CAP support have a  significant income effect, even though some relevant  differences occur between decoupled and coupled components  of direct payments received by Italian farmers as a  consequence of distributional leakages.},
      url = {http://ageconsearch.umn.edu/record/301890},
      doi = {https://doi.org/10.22004/ag.econ.301890},
}