THE EFFECT OF PRICE REDUCTION AND DIRECT INCOME SUPPORT POLICIES ON AGRICULTURAL INPUT MARKETS IN AUSTRIA
用奥地利农业部门的计量模型，检验从价格支持转向直接收入政策对要素市场和总产出的影响，发现该政策仅部分实现让生产者按市场信号决策的目标，但能减少产出并降低工业化程度。
The purpose of this paper is to examine empirically the effects of a shift from price support to direct income policy on agricultural factor markets and aggregate output. By utilising an econometric model for the Austrian agricultural sector, it is argued that the main purpose of this policy change, which is to move producers away from making production decisions in response to income support policies and to facilitate their response to market signals (‘decoupling’), is only partially realised. Switching from price to direct income support would result in little reduction in output, but some positive secondary effects can be observed. Ecological goals could be realised by lessening the degree of industrialisation due to lowering the capital‐labour and intermediate input‐labour ratios.