FACTOR MARKETS
Comparative Analysis of Factor Markets for Agriculture across the Member States
| Coordinatore | CENTRE FOR EUROPEAN POLICY STUDIES
Organization address
address: Place du Congres 1 contact info |
| Nazionalità Coordinatore | Belgium [BE] |
| Totale costo | 2˙562˙570 € |
| EC contributo | 1˙979˙023 € |
| Programma | FP7-KBBE
Specific Programme "Cooperation": Food, Agriculture and Biotechnology |
| Code Call | FP7-KBBE-2009-3 |
| Funding Scheme | CP-FP |
| Anno di inizio | 2010 |
| Periodo (anno-mese-giorno) | 2010-09-01 - 2013-08-31 |
Partecipanti
| # | ||||
|---|---|---|---|---|
| 1 |
CENTRE FOR EUROPEAN POLICY STUDIES
Organization address
address: Place du Congres 1 contact info |
BE (BRUXELLES) | coordinator | 517˙089.00 |
| 2 |
TEAGASC - AGRICULTURE AND FOOD DEVELOPMENT AUTHORITY
Organization address
address: Oak Park contact info |
IE (CARLOW) | participant | 159˙438.00 |
| 3 |
LEIBNIZ INSTITUT FUER AGRARENTWICKUNG IN MITTEL- UND OSTEUROPA
Organization address
address: Theodor-Lieser-strasse 2 contact info |
DE (HALLE (SAALE)) | participant | 159˙009.00 |
| 4 |
UNIVERSITY OF KENT
Organization address
address: THE REGISTRY CANTERBURY contact info |
UK (CANTERBURY, KENT) | participant | 125˙294.00 |
| 5 |
INSTITUT NATIONAL DE LA RECHERCHE AGRONOMIQUE
Organization address
address: Rue De L'Universite 147 contact info |
FR (PARIS CEDEX 07) | participant | 124˙930.00 |
| 6 |
SLOVENSKA POLNOHOSPODARSKA UNIVERSITA V NITRE (SLOVAK AGRICULTURAL UNIVERSITY IN NITRA)
Organization address
address: TRIEDA ANDREJA HLINKU 2 contact info |
SK (NITRA) | participant | 99˙450.00 |
| 7 |
UNIVERSITA DEGLI STUDI DI MILANO
Organization address
address: Via Festa Del Perdono 7 contact info |
IT (MILANO) | participant | 86˙625.00 |
| 8 |
TECHNISCHE UNIVERSITAET MUENCHEN
Organization address
address: Arcisstrasse 21 contact info |
DE (MUENCHEN) | participant | 85˙507.00 |
| 9 |
SVERIGES LANTBRUKSUNIVERSITET
Organization address
address: ARRHENIUSPLAN 4 contact info |
SE (UPPSALA) | participant | 85˙166.00 |
| 10 |
UNIVERSITA CATTOLICA DEL SACRO CUORE
Organization address
address: Largo Agostino Gemelli 1 contact info |
IT (MILANO) | participant | 83˙644.00 |
| 11 |
ALMA MATER STUDIORUM-UNIVERSITA DI BOLOGNA
Organization address
address: Via Zamboni 33 contact info |
IT (BOLOGNA) | participant | 83˙457.00 |
| 12 |
MAA JA ELINTARVIKETALOUDEN TUTKIMUSKESKUS
Organization address
address: Building O - Humppilantie 14 contact info |
FI (JOKIOINEN) | participant | 82˙961.00 |
| 13 |
UNIWERSYTET WARSZAWSKI
Organization address
address: Krakowskie Przedmiescie 26/28 contact info |
PL (WARSAW) | participant | 77˙282.00 |
| 14 |
JOHANN HEINRICH VON THUENEN-INSTITUT, BUNDESFORSCHUNGSINSTITUT FUER LANDLICHE RAUME, WALD UND FISCHEREI
Organization address
address: BUNDESALLEE 50 contact info |
DE (BRAUNSCHWEIG) | participant | 65˙635.00 |
| 15 |
STICHTING DIENST LANDBOUWKUNDIG ONDERZOEK
Organization address
address: Costerweg 50 contact info |
NL (WAGENINGEN) | participant | 65˙235.00 |
| 16 |
UNIVERZA NA PRIMORSKEM UNIVERSITA DEL LITORALE
Organization address
address: TITOV TRG 4 contact info |
SI (KOPER) | participant | 45˙601.00 |
| 17 |
Centre for Planning and Economic Research
Organization address
address: Amerikis 11 contact info |
EL (Athens) | participant | 32˙700.00 |
Mappa
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Obiettivo del progetto (Objective)
'Well functioning factor markets are a crucial condition for the competitiveness and growth of agriculture and for rural development. At the same time, the functioning of the factor markets themselves are influenced by changes in agriculture and the rural economy, and in EU policies. Member state regulations and institutions affecting land, labour, and capital markets may cause important heterogeneity in the factor markets, which may have important effects on the functioning of the factor markets and on the interactions between factor markets and EU policies. The general objective of the Factor Markets project is to analyse the functioning of factor markets for agriculture in the EU-27, including the Candidate Countries. The Factor Markets project will compare the different markets, their institutional framework and their impact on agricultural development and structural change, as well as their impact on rural economies, for the Member States, Candidate Countries and the EU as a whole. The Factor Markets project will focus on capital, labour and land markets. The results of this study will contribute to a better understanding of the fundamental economic factors affecting EU agriculture, thus allowing better targeting of policies to improve the competitiveness of the sector.'
Introduzione (Teaser)
A better understanding of factor markets could help support rural development and agriculture in a growing Europe, particularly in light of new agricultural policy reforms.
Descrizione progetto (Article)
Factor markets, or markets for goods and services used in the production of final consumer products, are pivotal for European competitiveness.
These markets are at the same time influenced by changes in agriculture and the rural economy. for example as a result of globalisation, technological change, shifting consumer preferences, policy changes or European market integration.
Against this backdrop, the EU-funded project 'Comparative analysis of factor markets for agriculture across the Member States' (http://www.factormarkets.eu (FACTOR MARKETS)) analysed the operation of factor markets for agriculture in Europe. It looked at the impact of these markets on agricultural development and on rural economics, focusing on capital, labour and land markets in particular.
With respect to the capital market, the project analysed various forms of capital, looking at sectoral investment decisions, as well as the impact of investments on technological change and capital stocks. It also looked at different instruments of the EU's Common Agricultural Policy (CAP) and their bearing on factor markets.
From the perspective of labour markets, the project analysed human capital mobility in the agricultural sector in addition to off-farm labour supply. The third key analysis looked at the land market, studying both the renting and selling of property, as well as the impact of the capitalisation of support on land values and factors determining land transfers.
Overall, FACTOR MARKETS represented the first study on rural factor markets in the continent, cross-comparing the markets of different nations and outlining differences. It enhanced understanding of key factors affecting EU agriculture, opening the door to improved targeting of CAP measures and boosting competitiveness.
The project conducted in-depth analyses of key issues determining the functioning and impact of each factor market for agriculture and rural economies. Numerous valuable results have emerged from these analyses, such as identifying the drivers of capital productivity in EU agriculture and understanding the determinants of shadow prices of capital of individual farms. In addition, the project team developed a framework to analyse labour markets to better understand the supply of labour in Europe's rural areas.
Importantly, FACTOR MARKETS also analysed how improved access to capital supports agricultural production and helps reduce the pressure on land use. Another important analysis involved understanding the investment behaviour of arable crop farms in selected EU countries and assessing the impact of policy reforms. These results can support rural area development across and beyond the EU, especially in light of the new CAP reforms.