IDEAS home Printed from https://ideas.repec.org/a/caa/jnlage/v61y2015i8id250-2014-agricecon.html
   My bibliography  Save this article

Impacts of the government-supported investments on the economic farm performance in Austria

Author

Listed:
  • Stefan KIRCHWEGER

    (Institute of Agricultural and Forestry Economics at the University of Natural Resources and Life Sciences, Vienna, Austria)

  • Jochen KANTELHARDT

    (Institute of Agricultural and Forestry Economics at the University of Natural Resources and Life Sciences, Vienna, Austria)

  • Friedrich LEISCH

    (Institute of Agricultural and Forestry Economics at the University of Natural Resources and Life Sciences, Vienna, Austria)

Abstract

Farm investments in the European Union are supported by the governmental programmes. The evaluation of this programme is challenged through the voluntary participation and heterogeneous observation units. Therefore, we combine the Matching Method with the Difference-in-Difference estimation in order to overcome these problems and to estimate the impact of supported farm-investment activities on the economic performance of the Austrian farm holdings. In particular, we detect an increase in production, land renting and capital borrowing. Furthermore, a shift from the non-farm to farm activities, but with no statistically significant impact on the total income is shown.

Suggested Citation

  • Stefan KIRCHWEGER & Jochen KANTELHARDT & Friedrich LEISCH, 2015. "Impacts of the government-supported investments on the economic farm performance in Austria," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(8), pages 343-355.
  • Handle: RePEc:caa:jnlage:v:61:y:2015:i:8:id:250-2014-agricecon
    DOI: 10.17221/250/2014-AGRICECON
    as

    Download full text from publisher

    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/250/2014-AGRICECON.html
    Download Restriction: free of charge

    File URL: http://agricecon.agriculturejournals.cz/doi/10.17221/250/2014-AGRICECON.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.17221/250/2014-AGRICECON?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Andrea Pufahl & Christoph R. Weiss, 2009. "Evaluating the effects of farm programmes: results from propensity score matching," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 36(1), pages 79-101, March.
    2. Escalante, Cesar L. & Barry, Peter J., 2003. "Determinants of the Strength of Strategic Adjustments in Farm Capital Structure," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 35(1), pages 67-78, April.
    3. Atzeni, Gianfranco E. & Carboni, Oliviero A., 2008. "The effects of grant policy on technology investment in Italy," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 381-399.
    4. Marco Caliendo & Sabine Kopeinig, 2008. "Some Practical Guidance For The Implementation Of Propensity Score Matching," Journal of Economic Surveys, Wiley Blackwell, vol. 22(1), pages 31-72, February.
    5. Richard Harris & Mary Trainor, 2005. "Capital Subsidies and their Impact on Total Factor Productivity: Firm‐Level Evidence from Northern Ireland," Journal of Regional Science, Wiley Blackwell, vol. 45(1), pages 49-74, February.
    6. Rosenbaum, Paul R., 2010. "Design Sensitivity and Efficiency in Observational Studies," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 692-702.
    7. Bernini, Cristina & Pellegrini, Guido, 2011. "How are growth and productivity in private firms affected by public subsidy? Evidence from a regional policy," Regional Science and Urban Economics, Elsevier, vol. 41(3), pages 253-265, May.
    8. A. Smith, Jeffrey & E. Todd, Petra, 2005. "Does matching overcome LaLonde's critique of nonexperimental estimators?," Journal of Econometrics, Elsevier, vol. 125(1-2), pages 305-353.
    9. Denis Conniffe & Vanessa Gash & Philip J. O'Connell, 2000. "Evaluating State Programmes - “Natural Experiments” and Propensity Scores," The Economic and Social Review, Economic and Social Studies, vol. 31(4), pages 283-308.
    10. James Heckman & Hidehiko Ichimura & Jeffrey Smith & Petra Todd, 1998. "Characterizing Selection Bias Using Experimental Data," Econometrica, Econometric Society, vol. 66(5), pages 1017-1098, September.
    11. Guido W. Imbens & Jeffrey M. Wooldridge, 2009. "Recent Developments in the Econometrics of Program Evaluation," Journal of Economic Literature, American Economic Association, vol. 47(1), pages 5-86, March.
    12. Thomas D. Cook & William R. Shadish & Vivian C. Wong, 2008. "Three conditions under which experiments and observational studies produce comparable causal estimates: New findings from within-study comparisons," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 27(4), pages 724-750.
    13. Ho, Daniel E. & Imai, Kosuke & King, Gary & Stuart, Elizabeth A., 2007. "Matching as Nonparametric Preprocessing for Reducing Model Dependence in Parametric Causal Inference," Political Analysis, Cambridge University Press, vol. 15(3), pages 199-236, July.
    14. Cerqua, Augusto & Pellegrini, Guido, 2014. "Do subsidies to private capital boost firms' growth? A multiple regression discontinuity design approach," Journal of Public Economics, Elsevier, vol. 109(C), pages 114-126.
    15. Bronzini, Raffaello & de Blasio, Guido, 2006. "Evaluating the impact of investment incentives: The case of Italy's Law 488/1992," Journal of Urban Economics, Elsevier, vol. 60(2), pages 327-349, September.
    16. Sekhon, Jasjeet S., 2011. "Multivariate and Propensity Score Matching Software with Automated Balance Optimization: The Matching package for R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 42(i07).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nigohosyan, Daniel & Vassileva, Iglika & Vutsova, Albena, 2025. "The effects of EU grants on SMEs: Evidence from Bulgaria," Economic Systems, Elsevier, vol. 49(1).
    2. Xiaodong Qu & Yuxi Zhang & Zhenming Li, 2024. "Is China’s Rural Revitalization Good Enough? Evidence from Spatial Agglomeration and Cluster Analysis," Sustainability, MDPI, vol. 16(11), pages 1-31, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ferraro, Paul J. & Miranda, Juan José, 2014. "The performance of non-experimental designs in the evaluation of environmental programs: A design-replication study using a large-scale randomized experiment as a benchmark," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 344-365.
    2. Yonatan Eyal, 2020. "Self-Assessment Variables as a Source of Information in the Evaluation of Intervention Programs: A Theoretical and Methodological Framework," SAGE Open, , vol. 10(1), pages 21582440198, January.
    3. Kirchweger, Stefan & Kantelhardt, Jochen, 2014. "Structural Change and Farm Investment Support in Austria," 88th Annual Conference, April 9-11, 2014, AgroParisTech, Paris, France 170545, Agricultural Economics Society.
    4. Kölling Arnd, 2016. "Developing Eastern Germany: The Effects of Economics Promotion in the Eastern German States after Reunification," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 236(2), pages 275-295, March.
    5. Ben Weidmann & Luke Miratrix, 2021. "Lurking Inferential Monsters? Quantifying Selection Bias In Evaluations Of School Programs," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 40(3), pages 964-986, June.
    6. Roberto Gabriele, & Enrico Tundis, & Enrico Zaninotto, 2015. "Public Subsidies and Development of Hotel Industry: Evidence from a Place-based Policy," DEM Discussion Papers 2015/10, Department of Economics and Management.
    7. Lajos Baráth & Imre Fertő & Štefan Bojnec, 2018. "Are farms in less favored areas less efficient?," Agricultural Economics, International Association of Agricultural Economists, vol. 49(1), pages 3-12, January.
    8. Caliendo, Marco & Mahlstedt, Robert & Mitnik, Oscar A., 2017. "Unobservable, but unimportant? The relevance of usually unobserved variables for the evaluation of labor market policies," Labour Economics, Elsevier, vol. 46(C), pages 14-25.
    9. Jeffrey Smith & Arthur Sweetman, 2016. "Viewpoint: Estimating the causal effects of policies and programs," Canadian Journal of Economics, Canadian Economics Association, vol. 49(3), pages 871-905, August.
    10. Jung, Suhyun & Polasky, Stephen, 2018. "Partnerships to prevent deforestation in the Amazon," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 498-516.
    11. Frölich, Markus & Huber, Martin & Wiesenfarth, Manuel, 2017. "The finite sample performance of semi- and non-parametric estimators for treatment effects and policy evaluation," Computational Statistics & Data Analysis, Elsevier, vol. 115(C), pages 91-102.
    12. Marco Caliendo & Steffen K�nn, 2014. "Regional Effect Heterogeneity of Start-up Subsidies for the Unemployed," Regional Studies, Taylor & Francis Journals, vol. 48(6), pages 1108-1134, June.
    13. Lajos Baráth & Imre Fertő & Štefan Bojnec, 2020. "The Effect of Investment, LFA and Agri‐environmental Subsidies on the Components of Total Factor Productivity: The Case of Slovenian Farms," Journal of Agricultural Economics, Wiley Blackwell, vol. 71(3), pages 853-876, September.
    14. Dettmann, Eva & Weyh, Antje & Titze, Mirko, 2018. "Heterogeneous effects of investment grants - Evidence from a new measurement approach," IAB-Discussion Paper 201815, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    15. Patrick Christian Feihle & Jochen Lawrenz, 2017. "The Issuance of German SME Bonds and its Impact on Operating Performance," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 18(3), pages 227-259, August.
    16. Christian Volpe Martincus, 2010. "Odyssey in International Markets: An Assessment of the Effectiveness of Export Promotion in Latin America and the Caribbean," IDB Publications (Books), Inter-American Development Bank, number 16458, February.
    17. Magdalena Smyk & Joanna Tyrowicz & Lucas van der Velde, 2021. "A Cautionary Note on the Reliability of the Online Survey Data: The Case of Wage Indicator," Sociological Methods & Research, , vol. 50(1), pages 429-464, February.
    18. Roberto ESPOSTI, 2014. "To match, not to match, how to match: Estimating the farm-level impact of the CAP-first pillar reform (or: How to Apply Treatment-Effect Econometrics when the Real World is;a Mess)," Working Papers 403, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    19. Jones A.M & Rice N, 2009. "Econometric Evaluation of Health Policies," Health, Econometrics and Data Group (HEDG) Working Papers 09/09, HEDG, c/o Department of Economics, University of York.
    20. Feddersen, Arne & Maennig, Wolfgang, 2012. "Sectoral labour market effects of the 2006 FIFA World Cup," Labour Economics, Elsevier, vol. 19(6), pages 860-869.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:caa:jnlage:v:61:y:2015:i:8:id:250-2014-agricecon. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://www.cazv.cz/en/home/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.