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

Kód výsledku v 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>

Výsledek na webu

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

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

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

ISBN

978-954-8612-09-8

ISSN

—

e-ISSN

—

Počet stran výsledku

17

Strana od-do

46-62

Název nakladatele

Institute of Agricultural Economics Sofia

Místo vydání

Sofie, Bulgaria

Místo konání akce

Sofia, Bulgaria

Datum konání akce

7. 10. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

—