The empirical assessments of the effects of the investment support to agriculture in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F16%3AN0000001" target="_blank" >RIV/00027251:_____/16:N0000001 - isvavai.cz</a>

Result on the web

<a href="http://purl.umn.edu/212242" target="_blank" >http://purl.umn.edu/212242</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The empirical assessments of the effects of the investment support to agriculture in the Czech Republic

Original language description

Politicians and taxpayers are increasingly concerned with the assessment of the effects of the investment support measures. The paper concentrates on the evaluation of the investment support of the Rural Development Programme (RDP) 2007-2013 using counterfactual approaches. The overall objective is to investigate deeper the time consistency of the treatment effects on treated of the investment support, and to provide a better insight in the similarity of farms and their counterfactuals. Our analyses show that there are significant effects of the investment support measures of the RDP 2007-2013 in terms of production expansion and GVA improvement. We can also suppose that the support mobilise additional financial sources of banks. It is also evident that effects tend to decline already shortly (one or two years) after the project is completed and the investment object introduced in the production. Analysing the matched pairs and comparing the results of various matching methods and in respect to the samples (FADN, Albertina) we also provide the evidence that the nature and characteristics of the methods and the samples used for the counterfactual analysis matter and that the difference in the estimated effects might be substantial. Therefore, it is important to pay high attention to the sample when conducting the analysis of investment support effects, particularly, to be concerned with the richness of indicators allowing capturing all essential dimensions of farm similarity.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

GA - Agricultural economics

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

CAP Impact on Economic Growth and Sustainability of Agriculture and Rural Areas

ISBN

978-954-8612-09-8

ISSN

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e-ISSN

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Number of pages

17

Pages from-to

46-62

Publisher name

Institute of Agricultural Economics Sofia

Place of publication

Sofie, Bulgaria

Event location

Sofia, Bulgaria

Event date

Oct 7, 2015

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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