How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland?
The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlemen...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Olagunju, Kehinde Oluseyi [verfasserIn] |
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| Format: |
E-Artikel |
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| Sprache: |
Englisch |
| Erschienen: |
2022transfer abstract |
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| Schlagwörter: |
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| Übergeordnetes Werk: |
Enthalten in: Land use policy - Son, Yang-Ju ELSEVIER, 2021, the international journal covering all aspects of land use, Amsterdam [u.a.] |
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| Übergeordnetes Werk: |
volume:112 ; year:2022 ; pages:0 |
| Links: |
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| DOI / URN: |
10.1016/j.landusepol.2021.105829 |
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ELV056206119 |
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| 520 | |a The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. | ||
| 520 | |a The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. | ||
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10.1016/j.landusepol.2021.105829 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001616.pica (DE-627)ELV056206119 (ELSEVIER)S0264-8377(21)00552-4 DE-627 ger DE-627 rakwb eng 630 640 610 VZ Olagunju, Kehinde Oluseyi verfasserin aut How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. Q11 Elsevier Q12 Elsevier C13 Elsevier Q15 Elsevier Angioloni, Simone oth Wu, Ziping oth Enthalten in Elsevier Science Son, Yang-Ju ELSEVIER Land use policy 2021 the international journal covering all aspects of land use Amsterdam [u.a.] (DE-627)ELV006296785 volume:112 year:2022 pages:0 https://doi.org/10.1016/j.landusepol.2021.105829 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA AR 112 2022 0 |
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10.1016/j.landusepol.2021.105829 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001616.pica (DE-627)ELV056206119 (ELSEVIER)S0264-8377(21)00552-4 DE-627 ger DE-627 rakwb eng 630 640 610 VZ Olagunju, Kehinde Oluseyi verfasserin aut How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. Q11 Elsevier Q12 Elsevier C13 Elsevier Q15 Elsevier Angioloni, Simone oth Wu, Ziping oth Enthalten in Elsevier Science Son, Yang-Ju ELSEVIER Land use policy 2021 the international journal covering all aspects of land use Amsterdam [u.a.] (DE-627)ELV006296785 volume:112 year:2022 pages:0 https://doi.org/10.1016/j.landusepol.2021.105829 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA AR 112 2022 0 |
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10.1016/j.landusepol.2021.105829 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001616.pica (DE-627)ELV056206119 (ELSEVIER)S0264-8377(21)00552-4 DE-627 ger DE-627 rakwb eng 630 640 610 VZ Olagunju, Kehinde Oluseyi verfasserin aut How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. Q11 Elsevier Q12 Elsevier C13 Elsevier Q15 Elsevier Angioloni, Simone oth Wu, Ziping oth Enthalten in Elsevier Science Son, Yang-Ju ELSEVIER Land use policy 2021 the international journal covering all aspects of land use Amsterdam [u.a.] (DE-627)ELV006296785 volume:112 year:2022 pages:0 https://doi.org/10.1016/j.landusepol.2021.105829 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA AR 112 2022 0 |
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10.1016/j.landusepol.2021.105829 doi /cbs_pica/cbs_olc/import_discovery/elsevier/einzuspielen/GBV00000000001616.pica (DE-627)ELV056206119 (ELSEVIER)S0264-8377(21)00552-4 DE-627 ger DE-627 rakwb eng 630 640 610 VZ Olagunju, Kehinde Oluseyi verfasserin aut How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? 2022transfer abstract nicht spezifiziert zzz rdacontent nicht spezifiziert z rdamedia nicht spezifiziert zu rdacarrier The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. Q11 Elsevier Q12 Elsevier C13 Elsevier Q15 Elsevier Angioloni, Simone oth Wu, Ziping oth Enthalten in Elsevier Science Son, Yang-Ju ELSEVIER Land use policy 2021 the international journal covering all aspects of land use Amsterdam [u.a.] (DE-627)ELV006296785 volume:112 year:2022 pages:0 https://doi.org/10.1016/j.landusepol.2021.105829 Volltext GBV_USEFLAG_U GBV_ELV SYSFLAG_U SSG-OLC-PHA AR 112 2022 0 |
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Land use policy |
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Land use policy |
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How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? |
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How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? |
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Olagunju, Kehinde Oluseyi |
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Land use policy |
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Land use policy |
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eng |
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600 - Technology |
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2022 |
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Olagunju, Kehinde Oluseyi |
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Olagunju, Kehinde Oluseyi |
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10.1016/j.landusepol.2021.105829 |
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how has the 2013 decoupled payment reform affected farmland rental values in northern ireland? |
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How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? |
| abstract |
The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. |
| abstractGer |
The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. |
| abstract_unstemmed |
The degree of capitalisation of agricultural subsidies into land rents has been mainly determined by different payment implementation systems and land markets. The 2013 EU Common Agricultural Policy (CAP) reform introduces a transition of Single Farm Payment towards a flat rate system and entitlement reallocation. Based on 2009–2017 Farm Business Survey data, we used the Arellano-Bond dynamic panel data estimation technique to estimate the capitalisation impact of the 2013 CAP reform to decoupled payments (DP) in Northern Ireland (NI) where a short term conacre land rental system is dominant. Our estimates suggest that under the 2013 CAP reform in NI, the capitalisation of DP into land rental prices has continued even when entitlements are less than eligible land areas. Specifically, the marginal effect on rental rates of an additional pound of the DP is 22 pence, increasing to 43 pence following the 2013 CAP reform but only in the first year. Given that about one-third of land area is rented in NI, land capitalisation will be of particular relevance in designing more efficient future subsidy policies. |
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How has the 2013 decoupled payment reform affected farmland rental values in Northern Ireland? |
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https://doi.org/10.1016/j.landusepol.2021.105829 |
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Angioloni, Simone Wu, Ziping |
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2024-07-06T19:44:14.910Z |
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