(Article of periodic en Anglais - 2013)

Document title

Capitalization of direct payments in land rents : evidence from New EU Member States

Authors(s) and Affiliation(s)

VAN HERCK K. (1) ; SWINNEN J. (1) ; VRANKEN L. (2) ;
(1) LICOS – Centre for Institutions and Economic Performance, KU Leuven, Leuven, BELGIQUE
(2) Dept. of Earth and Environmental Sciences, Division of Bio-economics, KU Leuven, Heverlee, BELGIQUE


This paper analyzes the impact of increasing direct payments (DPs) on land rents in six New European Union (EU) Member States. In these countries, agricultural subsidies largely increased as a result of EU accession. In addition, the results show that capitalization of DPs is higher in more credit-constrained markets, while capitalization of DPs is lower in countries where more land is used by corporate farms, reflecting a stronger bargaining position of corporate farms and unequal access to subsidies in these countries


Article of periodic

published at : Eurasian geography and economics / ISSN 1538-7216


Millesime : 2013, vol. 54, no4 [pp. 423-443]

Bibliographic references : 3 p.

Collation : 2 fig., 3 tabl.



Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1080/15387216.2013.878230

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
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