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Abstract
Against the background of the reform of the Common Agricultural Policy (CAP) in 2003 the
following analysis, brings into focus the responses of the agricultural sector to decoupled
subsidies. In particular it addresses the impact of the Single Payment Scheme (SPS) on land
sales and rent prices and therefore on farm structure. It also aims to assess the extent to which
the reform advances sound and sustainable agriculture and provides incentives for market-orientated
farming practices. The study is based on the analysis of statistical data and expert
surveys conducted in three selected regions.