STABILISATION OF AGRICULTURAL INCOMES: INTERNATIONAL, EUROPEAN UNION AND POLISH PERSPECTIVES Cover Image

Stabilizacja dochodów rolniczych. Perspektywa międzynarodowa, Unii Europejskiej i Polski
STABILISATION OF AGRICULTURAL INCOMES: INTERNATIONAL, EUROPEAN UNION AND POLISH PERSPECTIVES

Author(s): Michał Soliwoda, Jacek Kulawik, Justyna Góral
Subject(s): Social Sciences, Economy, Agriculture, Sociology, Economic development
Published by: Instytut Rozwoju Wsi i Rolnictwa Polskiej Akademii Nauk
Keywords: agricultural finance; risk management; agricultural income; income stabilization; the Common Agricultural Policy

Summary/Abstract: The issue of variability in agricultural income of a single farm household, resultingessentially from stochastic factors, is gaining increasingly in economic, social and political.importance. The article has two basic purposes, first, to examine mechanisms of agriculturalincome stabilisation, secondly, to review and evaluate the selected farm income stabilization systems from an international, European Union (EU) and Polish perspectives. This paper isa cross-sectional study with some elements of meta-analysis. It is also based on a comparativeapproach. Assuming the stability of prices and quantities, agricultural income may increasedue to higher revenues and lower average total cost. The world’s most refined solutions tostabilise farm incomes are developed in Canada (ie. AgriStability). There is substitutabilityand complementarity between some state intervention tools, market or quasi-marketproducts. Excessive support provided by state to intervention instruments inhibits thedevelopment of tools offered by the market, which leads to a crowding out effect. In the caseof Poland, an obligatory farm accountancy system might greatly facilitate the introductionof income stabilisation instruments.

  • Issue Year: 172/2016
  • Issue No: 3
  • Page Range: 41-68
  • Page Count: 28
  • Language: Polish