Abstract
Agricultural policy is an attempt to put into practice the laws of economic theory, in order to achieve goals defined by the State. This research, carried out on a sample of four groups of Polish farms, contributes to the question of how to improve short-term economic policy in order to stimulate market mechanisms for the long-term development of the sector. Using data from the Polish FADN for 2008-2019, the authors of the study apply the modified PSM method to determine the economic effects of changes taking place on farms. The research indicates that effective investments are the source of long-term development and economic success. At the same time, it shows that economic entities, by optimizing their microeconomic objective function, adjust investments to the objectives of public aid, which reduces the effectiveness of the use of financial resources.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
