Possible Effect on EU Land Markets of New CAP Direct Payments

14-06-2013

Direct payments (DP) in the EU-27 were introduced as the central element of the 2003 CAP reform and are implemented in different models. The 2013 CAP reform will change both the implementation of the DP and their budget. This study assesses the possible effects of the DP reform proposals on EU land markets and the extent to which the DP are capitalized in land prices.

Direct payments (DP) in the EU-27 were introduced as the central element of the 2003 CAP reform and are implemented in different models. The 2013 CAP reform will change both the implementation of the DP and their budget. This study assesses the possible effects of the DP reform proposals on EU land markets and the extent to which the DP are capitalized in land prices.

External author

Johan SWINNEN (KU Leuven & CEPS) , Pavel CIAIAN and d’Artis KANCS (European Commission, DG JRC) , Kristine VAN HERCK and Liesbet VRANKEN (KU Leuven)