Single payment scheme and dual values of land in PMP models
Land dual values are one of the important aspects of the results of mathematical programming models used to evaluate the impact of agricultural policy measures at regional and farm level. When the decoupling of direct payments and the payment entitlements per hectare are included in PMP models in the context of the Single Payment Scheme (SPS), the analysis of the land dual values is more complex than in models which do not take these aspects into account. In this paper, we present a theoretical analysis of the land dual values when the SPS is included in PMP farm models. This theoretical analysis is carried out for the base year (linear model) and for a simulated year (quadratic model).The results of this analysis are illustrated by comparing numerically the land opportunity costs obtained in the case of partial decoupling and in the case of full decoupling of direct payments.
|Date of creation:||10 Feb 2011|
|Contact details of provider:|| Web page: http://www.eaae.org|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ags:eaa122:98997. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.