The Effects of Investment Support on Performance of Farms: The Case of Application of the Rural Development Programme in Slovakia
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F25%3A43927020" target="_blank" >RIV/62156489:43110/25:43927020 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.7896/j.2973" target="_blank" >https://doi.org/10.7896/j.2973</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7896/j.2973" target="_blank" >10.7896/j.2973</a>
Alternative languages
Result language
angličtina
Original language name
The Effects of Investment Support on Performance of Farms: The Case of Application of the Rural Development Programme in Slovakia
Original language description
The paper estimates the firm level impact of the Common Agricultural Policy (CAP) investment subsidies on gross value added, profits, employment, and productivity of farms in Slovakia, and evaluates the effectiveness of support provided through the Rural Development Programme. We employ a Propensity Score Matching Difference-in-Differences econometric approach on a database of commercial farms for the period 2006-2015. The results of this paper show that the farm investment support stimulated growth of gross value added, farm profits, and employment in the agricultural sector, while it reduced labour productivity. Investment support helped to maintain rural jobs, which occurred partly at the expense of labour productivity. The paper stresses high deadweight costs of investment support within the CAP, which should be considered when planning and implementing new CAP interventions.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
40500 - Other agricultural sciences
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Studies in Agricultural Economics
ISSN
1418-2106
e-ISSN
2063-0476
Volume of the periodical
127
Issue of the periodical within the volume
1
Country of publishing house
HU - HUNGARY
Number of pages
13
Pages from-to
14-26
UT code for WoS article
001663723800002
EID of the result in the Scopus database
2-s2.0-105003780269