The role of the Common Agricultural Policy (CAP) in influencing farm income, and on-farm and off-farm investments has been highlighted by a wealth of literature on this topic. The objective of this paper is to assess ex-ante the effect of different post-2013 policy (CAP) and market scenarios on farm investment behaviour and the related overall sustainability of farming activity. The model adopted is based on farm household dynamic programming with the maximisation of the household net present value (NPV) with a time horizon until 2020.
THE EFFECTS OF FUTURE CAP REFORMS ON FARMING SUSTAINABILITY AND INVESTMENT BEHAVIOUR
BARTOLINI, FABIO;
2010-01-01
Abstract
The role of the Common Agricultural Policy (CAP) in influencing farm income, and on-farm and off-farm investments has been highlighted by a wealth of literature on this topic. The objective of this paper is to assess ex-ante the effect of different post-2013 policy (CAP) and market scenarios on farm investment behaviour and the related overall sustainability of farming activity. The model adopted is based on farm household dynamic programming with the maximisation of the household net present value (NPV) with a time horizon until 2020.File in questo prodotto:
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