MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND
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 ma...
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| Format: | Article |
| Language: | English |
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Wydawnictwo SGGW - Warsaw University of Life Sciences Press
2021-12-01
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| Series: | Polityki Europejskie, Finanse i Marketing |
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| Online Access: | https://pefim.sggw.pl/article/view/5059 |
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| author | Marek Wigier Marian Podstawka |
| author_facet | Marek Wigier Marian Podstawka |
| author_sort | Marek Wigier |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-ec9ee9ca7c324f02bea39da28c873412 |
| institution | Kabale University |
| issn | 2081-3430 2544-0640 |
| language | English |
| publishDate | 2021-12-01 |
| publisher | Wydawnictwo SGGW - Warsaw University of Life Sciences Press |
| record_format | Article |
| series | Polityki Europejskie, Finanse i Marketing |
| spelling | doaj-art-ec9ee9ca7c324f02bea39da28c8734122025-02-02T09:34:11ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402021-12-0126(75)10.22630/PEFIM.2021.26.75.13MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLANDMarek Wigier0Marian Podstawka1Institute of Agricultural and Food Economics - National Research InstituteWarsaw University of Life Sciences - SGGWAgricultural 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.https://pefim.sggw.pl/article/view/5059efficiency of agricultural policyinvestments in agriculturefarm developmentagricultural policy |
| spellingShingle | Marek Wigier Marian Podstawka MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND Polityki Europejskie, Finanse i Marketing efficiency of agricultural policy investments in agriculture farm development agricultural policy |
| title | MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND |
| title_full | MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND |
| title_fullStr | MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND |
| title_full_unstemmed | MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND |
| title_short | MEASUREMENT OF THE EFFECTIVENESS OF PUBLIC AID FOR FARMS IN POLAND |
| title_sort | measurement of the effectiveness of public aid for farms in poland |
| topic | efficiency of agricultural policy investments in agriculture farm development agricultural policy |
| url | https://pefim.sggw.pl/article/view/5059 |
| work_keys_str_mv | AT marekwigier measurementoftheeffectivenessofpublicaidforfarmsinpoland AT marianpodstawka measurementoftheeffectivenessofpublicaidforfarmsinpoland |