Within this paper, we present an interactive modelling approach to support budgeting decisions at the program level and discuss its potential and limitations to contribute to more objective-oriented policy-making. The central feature of the approach is a linear optimisation model which is...

The article investigates the impact of non-farm income on the investment for Hungarian and Slovenian farms using FADN panel data for the years 2004-2008 and different econometric estimation approaches. We find that non-farm income is more important for Slovenian farms than for Hungarian farms....