INCOME SITUATION OF AGRICULTURAL HOLDINGS COVERED BY THE AGRICULTURAL ACCOUNTING SYSTEM (FADN) IN EUROPEAN UNION COUNTRIES
Abstract
The main purpose of this research is to assess the income situation of agricultural holdings and identify the re- lated trends in EU-23 countries. As shown by surveys, the incomes followed an average moderate upward trend over the 2004–2015 period. The income situation of agricultural holdings was concluded to vary strongly across EU-23 coun- tries. Even though the existing extensive system of support stabilizes the level of incomes (and despite an increase in the level of subsidies), it does not eliminate the significant vari- ation. Simultaneously, it was noted that per-hectare incomes (less subsidies) followed a slight downward trend in 2004– 2015, which indicates once again the important contribution of subsidies to the income situation of agricultural holdings in EU countries. Agricultural holdings in “new” member states (except for the Czech Republic) achieve much lower incomes than EU-15 farms.
Keywords
income; agricultural holdings; Common Agricultural Policy; subsidies
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Poznań University of Economics and Business Poland
https://orcid.org/0000-0002-4290-4740
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