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The effect of subsidies on production and technical change of crop farms in France and the United Kingdom (UK) during 1980-2006 is investigated. Subsidies were not neutral on production decisions, in terms of production intensity and type. Crop farms in both countries have experienced technical...
Persistent link: https://www.econbiz.de/10009020736
The paper investigates the capitalizations of aggregate and disaggregate government subsidies into farmland rental rates using selection bias correction models. It investigates cash as well as share rental rates, which are largely used in US agriculture. The empirical results suggest that...
Persistent link: https://www.econbiz.de/10009020801
Replaced with revised version of poster 07/22/10.
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