2026-04-14T02:49:48Zhttps://recercat.cat/oai/request

oai:recercat.cat:10256/2822024-06-13T09:58:11Zcom_2072_453049com_2072_2054col_2072_453050

00925njm 22002777a 4500 dc Goetz, Renan-Ulrich author Keusch, Alois author Ribas Tur, Joan author 2003-06 This paper analyzes the optimal behavior of farmers in the presence of direct payments and uncertainty. In an empirical analysis for Switzerland, it confirms previously obtained theoretical results and determines the magnitude of the theoretical predicted effects. The results show that direct payments increase agricultural production between 3.7% to 4.8%. Alternatively to direct payments, the production effect of tax reductions is evaluated in order to determine its magnitude. The empirical analysis corroborates the theoretical results of the literature and demonstrates that tax reductions are also distorting, but to a substantially lesser degree if losses are not offset. However, tax reductions, independently whether losses are offset or not, lead to higher government spending than pure direct payments http://hdl.handle.net/10256/282 Pagament Agricultura -- Aspectes econòmics Impostos sobre la renta The efficiency of direct payments versus tax reductions under uncertainty