Family farm and income support policies
Elena Zapryanova, Ivan Penov
Abstract
Open-access reader
Elena Zapryanova, Ivan Penov
Abstract
Open-access reader
Family farms are the main form of organization in agriculture and play an essential role in the development of rural areas. One of the main characteristics of the family farms is that the members of the households work in them. The purpose of the study is, based on an analysis of a real farm and the impact of direct support on family income, to draw recommendations for policy development in this direction. In order to achieve this goal, an economic-mathematical model was developed, and eight scenarios with different levels of support were examined. The main conclusion is that the farm could operate without receiving support because the income generated by this scenario is sufficient to provide an average standard of living for the family. However, CAP support helps its faster development.
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Family farms are the main form of organization in agriculture and play an essential role in the development of rural areas. One of the main characteristics of the family farms is that the members of the households work in them. The purpose of the study is, based on an analysis of a real farm and the impact of direct support on family income, to draw recommendations for policy development in this direction. In order to achieve this goal, an economic-mathematical model was developed, and eight scenarios with different levels of support were examined. The main conclusion is that the farm could operate without receiving support because the income generated by this scenario is sufficient to provide an average standard of living for the family. However, CAP support helps its faster development.
Key concepts: Income Support, Family farm, Order (exchange), Agriculture, Business, Rural development, Work (physics), Family support