Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 506727
Title Potential effects of the income stabilisation tool (IST) in Swiss agriculture
Author(s) Benni, Nadja El; Finger, Robert; Meuwissen, Miranda P.M.
Source European Review of Agricultural Economics 43 (2016)3. - ISSN 0165-1587 - p. 475 - 502.
DOI https://doi.org/10.1093/erae/jbv023
Department(s) Business Economics
WASS
Publication type Refereed Article in a scientific journal
Publication year 2016
Keyword(s) Double-hurdle model - Income stabilisation tool - Switzerland
Abstract

We extend the existing literature on the income stabilisation tool (IST) by investigating the influence of farm and farmers' characteristics on potential indemnification applying double-hurdle models on a rich panel data set on Swiss farms. We find more likely and higher indemnifications for part-time and low-income farmers. Thus, the IST might become a new transfer instrument hampering the structural change. Even though the estimated costs of the IST are low compared with the current direct payment level in Switzerland, both policy measures are partly substitutes with respect to income risk reductions implying more frequent and higher indemnification through the IST if direct payments are reduced.

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