Farm/Household-Level Simulation: Results of Testing Policy and Other Scenarios. Factor Markets Working Document No. 54, June 2013

Among the different production factors, land is the one that most often limits farm development and one of the most studied. The connection between policy and other context variables and land markets is at the core of the policy debate, including the present reform of the Common Agricultural Policy. The proposal of the latter has been published in October 2011 and in Italy it will include the switch of the payment regime from an historical to a regional basis. The authors’ objective is to simulate the impact of the proposed policy reform on the land market, particularly on land values and propensity to transaction. They combine insights and data from a farm household investment model revised and extended in order to simulate the demand curve for land in different policy scenarios and a survey of farmers stated intention carried out in the province of Bologna (Italy) in 2012. Based on these results, the authors calibrate a mathematical programming model of land market exchanges for the province of Bologna and use this model form simulation. The results of the model largely corroborate the results from the survey and both hint at a relevant reaction of the land demand and supply to the shift from the historical to the regionalised payments. As effect, the regionalisation would result in increased rental prices and in a tendency to the re-allocation of land.

Simulation Results of AgriPoliS about Diminishing Capital Subsidies and Restrictions. Factor Markets Working Document No. 55, June 2013

This paper investigates the impacts of high interest rates for borrowed capital and credit restrictions on the structural development of four European regions. The method used is the model AgriPoliS which is a spatial-dynamic agent-based model. It is able to provide aggregated results at the regional level, but very individual results as well by considering farms as independent entities. Farms can choose between different investment options during the simulation. Several scenarios with different interest rates for borrowed capital on the one hand as well as with different levels of credit restrictions on the other hand are tested and compared. Results show that higher interest rates have less impact on declining production branches than on expanding ones. If they have the possibility farms invest in the most profitable production branch which relative profitability might have changed with high interest rates. Credit restrictions lead farms to choose smaller and cheaper investments than expensive and large ones. Results also show that income losses in both cases due to under-investment compared to the reference situation are partially compensated by lower rental prices. The impacts on structural change also differ depending on the region and the initial situation. In summary, credit subsidies or imperfections on credit markets might have indirect impacts on the type of dominant investment and therefore on the whole regional agricultural sector as well.

Empirical Evidence of the Distributional Effects of the CAP in the New EU Member States. Factor Markets Working Document No. 58, August 2013

This study, carried out in the context of the Factor Markets research project, investigates the impact of the SAPS (Single Area Payment Scheme) on farmland rental rates in the new EU member states. Using a unique set of farm level panel data with 20,930 observations for 2004 and 2005 we are able to control for important sources of endogeneity. According to our results, the SAPS has a positive and statistically significant impact on land rents in the EU. However, the estimated incidence is smaller than predicted theoretically. Land rents capture only 19 cents of the marginal SAPS euro, and around 10% of the SAPS benefit non-farming landowners through higher farmland rental prices. As the share of rented land is higher in corporate farms than individual ones, family farms benefit more from the SAPS than corporate farms do.

Population. Education.

At head of title: United States Dept. of Commerce. Bureau of the Census.

An evaluation of the effects of glass-plastic windshield glazing in passenger cars.

Mode of access: Internet.

Demokritos : oder, hinterlassene Papiere eines lachenden Philosophen.

"Von dem Verfasser der 'Briefe eines in Deutschland reisenden Deutschen."

How to advertise consumer credit : complying with the law.

"January 1990"--P. [4] of cover.

Multifamily housing : impact of loan sales on tenants and properties varies by property : report to the Subcommittee on Housing and Transportation, Committee on Banking, Housing, and Urban Affairs, U.S. Senate /

"B-283961"--P. 5.

Karl Gutzkow's Dramatische Werke.

Mode of access: Internet.

Gemählde von Neapel und seinen Umgebungen /

Mode of access: Internet.

Paulinens Reise nach Deutschland : oder, Verbrechen und Liebe ; eine romanhafte Geschichte.

Mode of access: Internet.

Die Wildniss, oder, Washingtons Jünglingsjahre : eine west-amerikanische Geschichte /

Mode of access: Internet.

Groundwater contamination site near former dry cleaner site : McHenry, Illinois /

Contamination in soil and groundwater was found during an investigation of a property located on the east side of the Fox River in McHenry, at 3004 W. Elm Street (Route 120) during 2003-2006. The property, currently owned by Inverse Investments, Inc., is enrolled in an Illinois Environmental Protection Agency (Illinois EPA) cleanup program. It is the location of a car rental establishment. Gem Cleaners occupied the site from 1970 to 1977, after which it was occupied by a carpet dealer, an automotive repair facility, and a tire store. Historic use of solvents at the former dry cleaner location has resulted in contamination of the soil and groundwater with chlorinated organic compounds.

The Homeless Prevention Program.

The Illinois Department of Human Services' (DHS) Homeless Prevention Program works to stabilize individuals and families in their existing homes, shorten the amount of time that individuals and families stay in shelters and assist individuals and families with securing affordable housing. The program provides rental assistance, utility assistance and supportive services directly related to the prevention of homelessness or repeated episodes of homelessness.

Petersburger Skizzen /

Mode of access: Internet.