A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis

A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis

The Common Agricultural Policy (CAP) has undergone radical changes as a consequence of international agreements. Through a parametric approach based on Stochastic Frontier Analysis, it has been possible to estimate the impact of financial subsidies allocated under the Common Agricultural Policy for...

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Main Author: Galluzzo Nicola
Format: Article
Language:English
Published: Sciendo 2020-12-01
Series:European Countryside
Subjects:
common agricultural policy
less favoured areas
decoupled payments
rural development
dea
sfa
Online Access:https://doi.org/10.2478/euco-2020-0026
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spelling doaj-c42f810197864c4f86e32d445441bc532021-09-05T21:00:53ZengSciendoEuropean Countryside1803-84172020-12-0112449450510.2478/euco-2020-0026euco-2020-0026A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier AnalysisGalluzzo Nicola0ASGEAR Association of Geographical and Economic Studies in Rural Areas, RietiItalyThe Common Agricultural Policy (CAP) has undergone radical changes as a consequence of international agreements. Through a parametric approach based on Stochastic Frontier Analysis, it has been possible to estimate the impact of financial subsidies allocated under the Common Agricultural Policy for the period from 2007 to 2017 in the framework of the first and second pillars to Romanian farms that are part of the FADN dataset. The findings have revealed the positive effect of financial subsidies allocated to disadvantaged rural areas in increasing technical efficiency, and a modest impact of decoupled payments disbursed under the first pillar of the CAP on the Romanian farms investigated.https://doi.org/10.2478/euco-2020-0026common agricultural policyless favoured areasdecoupled paymentsrural developmentdeasfa
collection DOAJ
language English
format Article
sources DOAJ
author Galluzzo Nicola
spellingShingle Galluzzo Nicola
A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis
European Countryside
common agricultural policy
less favoured areas
decoupled payments
rural development
dea
sfa
author_facet Galluzzo Nicola
author_sort Galluzzo Nicola
title A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis
title_short A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis
title_full A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis
title_fullStr A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis
title_full_unstemmed A Technical Efficiency Analysis of Financial Subsidies Allocated by the Cap in Romanian Farms Using Stochastic Frontier Analysis
title_sort technical efficiency analysis of financial subsidies allocated by the cap in romanian farms using stochastic frontier analysis
publisher Sciendo
series European Countryside
issn 1803-8417
publishDate 2020-12-01
description The Common Agricultural Policy (CAP) has undergone radical changes as a consequence of international agreements. Through a parametric approach based on Stochastic Frontier Analysis, it has been possible to estimate the impact of financial subsidies allocated under the Common Agricultural Policy for the period from 2007 to 2017 in the framework of the first and second pillars to Romanian farms that are part of the FADN dataset. The findings have revealed the positive effect of financial subsidies allocated to disadvantaged rural areas in increasing technical efficiency, and a modest impact of decoupled payments disbursed under the first pillar of the CAP on the Romanian farms investigated.
topic common agricultural policy
less favoured areas
decoupled payments
rural development
dea
sfa
url https://doi.org/10.2478/euco-2020-0026
work_keys_str_mv AT galluzzonicola atechnicalefficiencyanalysisoffinancialsubsidiesallocatedbythecapinromanianfarmsusingstochasticfrontieranalysis
AT galluzzonicola technicalefficiencyanalysisoffinancialsubsidiesallocatedbythecapinromanianfarmsusingstochasticfrontieranalysis
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