Impact of the CAP subsidies on the family farm economy: case study of the selected countries’ data
LTReikšminiai žodžiai: Bendroji žemės ūkio politika; Subsidijos; Ūkio dydis; Produktyvumas; Common Agricultural Policy; Subsidies; Farm Size; Productivity.
ENEuropean Union Common Agricultural Policy (CAP) has evolved considerably to help farmers face some challenges. This paper investigates the impact of subsidies from the CAP on the family farm economy in the selected countries: Lithuania, Hungary, Slovakia and Czech Republic. Different targets of the farm subsidising determined the choice of countries. In Lithuania, the key priorities consisted of ensuring a certain level of farmers’ income, maintaining the current production level, revitalising the livestock sector, and uncovering new markets for domestic products. The most important priority in Hungary, as well, as in Czech Republic, was subsidising of ‘viable food production’. Slovakia’s main priorities include enhancing productivity and reducing unemployment in rural areas. The study used the Farm Accountancy Data Network (FADN) database information about the farms received subsi-dies, broken down into six economic size classes. The paper investigates the links between subsidies and output, between subsidies and net income, between subsidies and average farm capital. [From the publication]
