@article{Elsholz:48106,
      recid = {48106},
      author = {Elsholz, Rudiger and Hansen, Heiko},
      title = {The Effect of EU's Common Agricultural Policy at the  Regional Level: Distribution, Development and Revenue  Stabilisation},
      address = {2008},
      number = {693-2016-47518},
      pages = {14},
      year = {2008},
      abstract = {The aim of this paper is threefold. Firstly, we  investigate the regional distribution of
support of EU’s  Common Agricultural Policy (CAP). Secondly, we employ  structural data of
the regions to calculate average farm  revenue and to show how support and income has
developed  over time. Thirdly, we analyse the stabilisation effect  generated by these transfers.
This is investigated for the  market price support, the first pillar payments and one  agrienvironmental
program. New contributions to the  literature are the use of community data and
the inclusion  of a second-pillar program. The results show that there is  an overall stabilisation
effect of the EU’s CAP but this  effect is not equal for all regions.},
      url = {http://ageconsearch.umn.edu/record/48106},
      doi = {https://doi.org/10.22004/ag.econ.48106},
}