Please use this identifier to cite or link to this item: http://hdl.handle.net/10174/2945

Title: WILL FARM INCOME RISK CHANGE UNDER THE NEW CAP REFORM?
Authors: Carvalho, Maria Leonor da Silva
Godinho, Maria de Lurdes Ferro
Editors: Cafiero, Carlo
Cioffi, Antonio
Keywords: income risk
public policies
mathematical programming
Issue Date: 2006
Publisher: ESI-Edizioni Scientifiche Italiene
Citation: Carvalho, M.L.S., M.L.F. Godinho, (2006), “Will farm income risk change under the new CAP reform?”, in C.Cafiero, A.Cioffi (eds.) Income stabilization in agriculture. The role of public policies, Naples:ESI-Edizioni Scientifiche Italiene, pp. 303-312 (ISBN:88-495-1292-9)
Abstract: Investments in public goods, price stabilisation schemes, compensatory payments, farm insurance and calamity assistance programs are some examples of public intervention to reduce risk in agriculture. Using discrete stochastic programming associated with a Minimisation of Total Absolute Deviations framework, the impact of the 2003 Common Agricultural Policy Reform on income risk of a typical Mediterranean farm was analysed. The introduction of the single payment scheme leads to increase in total farm income and to a decrease in the total income risk. However, the relative production risk increases.
URI: http://hdl.handle.net/10174/2945
ISBN: 88-495-1292-9
Type: bookPart
Appears in Collections:GES - Publicações - Capítulos de Livros
ECN - Publicações - Capítulos de Livros
CEFAGE - Publicações - Capítulos de Livros
ICAAM - Publicações - Capítulos de Livros

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