SET‐ASIDE PREMIUMS AND THE MAY 1992 CAP REFORMS
研究了1992年5月欧盟宣布降低价格支持后，农民参与休耕计划与获得补偿支付的关系，给出了休耕补贴的上下限及其决定因素。
This paper considers the linking of participation in the set‐aside programme to the receipt of a compensatory payment for proposed reductions in European Community price support announced in May 1992. It is shown that in this situation set‐aside premiums should lie between a lower bound sufficient to deter opting‐out in favour of full cropping, and an upper bound approximately equal to a level sufficient to induce voluntary participation in the programme. The initial level of Community price support and the extent of reductions from this level are shown to be the main factors determining the gap between the upper‐ and lower‐bound premiums. The impact of removing the compensatory payment system is also examined.