Subsidies and Technical Efficiency in Agriculture: Evidence from European Dairy Farms
研究了欧盟农业补贴对奶牛场技术效率的影响，发现效果因国家而异，且2003年CAP改革后补贴对效率的影响减弱。
Abstract The objective of this article is to examine the association between agricultural subsidies and dairy farm technical efficiency in the European Union, and in so doing we make novel contributions to the literature. We include in the analysis nine diverse western European Union (EU) countries over an 18‐year period (1990–2007) encompassing the various Common Agricultural Policy (CAP) reforms enacted since the inception of the EU. Further, we account for input endogeneity using an original method of moments estimator. Our results show that the effect of subsidies on technical efficiency may be positive, null, or negative, depending on the country. The analysis reveals that the introduction of decoupling with the 2003 CAP reform weakens the effect that subsidies have on technical efficiency.