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Stabilization of farm income in the new risk management policy of the EU: a preliminary assessment for Italy through FADN data

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  • Dell'Aquila, Crescenzo
  • Cimino, Orlando

Abstract

Risk management and income stabilization have been gaining increasing attention in the EU’s agricultural policy debate, also in connection to the recent proposal of a specific package of measures hypothesized in the ongoing CAP reform. The paper summarizes the current policy picture at EU and Italian levels, deepening country specific issues of construction of an income stabilization tool and providing a quantitative appreciation of the financial importance of a generalized measure of income stabilization for Italian farms. Estimates of farms’ losses and compensations are differentiated by type of farming and dimension of farms. The results are discussed looking at the perspectives of the new policies under scrutiny

Suggested Citation

  • Dell'Aquila, Crescenzo & Cimino, Orlando, 2012. "Stabilization of farm income in the new risk management policy of the EU: a preliminary assessment for Italy through FADN data," 126th Seminar, June 27-29, 2012, Capri, Italy 133455, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaa126:133455
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    File URL: http://purl.umn.edu/133455
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    as
    1. Carlo Cafiero & Fabian Capitanio & Antonio Cioffi & Adele Coppola, 2007. "Risk and Crisis Management in the Reformed European Agricultural Policy," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 55(4), pages 419-441, December.
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    Keywords

    risk management; income stabilization; agricultural policy; FADN; Agricultural and Food Policy; Risk and Uncertainty; Q18;

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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