An Evaluation of the Compensation Required by European Union Cereal Growers to Accept the Removal of Price Support
研究了欧盟谷物种植者需要多少补偿才愿意接受完全取消价格支持，发现种植者对休耕地转产的盈利预期分歧很大，导致他们甚至难以就是否需要补偿达成一致。
Motivated by the policy trend of exposing European Union farmers to more market risk by reducing price support, this paper evaluates the compensation required by EU cereal growers to accept the complete removal of price support. Additional considerations are whether this policy change also includes the removal of set‐aside, or features only a partial removal of price support. A model is developed which captures the main on‐ and off‐farm factors influencing grower perceptions of the impact of this policy change. This model is subjected to a numerical analysis which shows that divergent assessments of the expected profitability of releasing to production land previously set‐aside mean growers are unlikely to agree whether compensation is even required. It is concluded that the retention of set‐aside for environmental purposes is likely to mean growers are more united in their perception of the need for, and amount of, compensation to accept the removal of price support.