Projects per year
Abstract
Agricultural policymakers call for the operationalisation of farm resilience as a dynamic concept. Therefore, we quantify farm resilience along the dimensions of robustness, adaptation and transformation. Using the rich Farm Accountancy Data Network panel data set, we explore which farm(er) characteristics affect resilience. We employ a control function approach to address the presence of endogeneity in correlated random effects (fractional) probit models. In general, we find that decoupled payments negatively affect robustness, while rural development payments have a positive effect on robustness. Both decoupled and rural development payments have no effect on adaptation and transformation in most European regions.
Original language | English |
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Pages (from-to) | 121-150 |
Number of pages | 30 |
Journal | European Review of Agricultural Economics |
Volume | 49 |
Issue number | 1 |
Early online date | 13 Oct 2021 |
DOIs | |
Publication status | Published - 2022 |
Keywords
- adaptation
- correlated random effects (CRE) fractional probit models
- resilience
- robustness
- transformation
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Dive into the research topics of 'Quantifying the resilience of European farms using FADN'. Together they form a unique fingerprint.Projects
- 1 Finished
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SURE-Farm: Towards SUstainable and REsilient EU FARMing systems
1/06/17 → 31/05/21
Project: EU research project