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    Direct payments and Risk Premia: How fared Irish Cereal Producers Under the MacSharry Reforms?


    Boyle, Gerry and McQuinn, Kieran (2003) Direct payments and Risk Premia: How fared Irish Cereal Producers Under the MacSharry Reforms? UNSPECIFIED. (Unpublished)

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    Abstract

    The 1992 EU Common Agricultural Policy (CAP) MacSharry reforms reduced intervention prices for cereals and simultaneously introduced direct payments to producers. This paper estimating Irish cereal producers risk attitudes and associated premiums, comapares the level of the direct apyment with producers risk permia in order to soe whether the introduction of the reforms was implicitly welfare enhancing for the 1993-1998 time period.

    Item Type: Other
    Keywords: Risk Attitudes, Direct Payments, Utility Function.
    Academic Unit: Faculty of Social Sciences > Economics, Finance and Accounting
    Item ID: 113
    Depositing User: Ms Sandra Doherty
    Date Deposited: 08 Sep 2006
    Refereed: No
    URI:
      Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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