The capitalization of CAP payments into land rental prices: a grouped fixed-effects estimator
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DOI: 10.1080/13504851.2020.1749227
Abstract: ABSTRACT This article investigates the capitalization of farm subsidies in Italy by relying on a novel approach based on the Grouped Fixed Effect (GFE) estimator. This methodology allows us to account for the regional unobserved… read more here.
Keywords: payments land; cap payments; capitalization; grouped fixed ... See more keywords