Investments financing at farm level: A regional assessment using FADN data
Titolo Rivista: Economia agro-alimentare 
Autori/Curatori: Felicetta Carillo, Francesco Licciardo, Eugenio Corazza 
Anno di pubblicazione:  2021 Fascicolo: 3 Current use and new perspectives for the Farm Accountancy Data Network Lingua: Inglese 
Numero pagine:  0 P. 1-24 Dimensione file:  0 KB
DOI:  10.3280/ecag2021oa12777
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This article presents the results of an ex-ante evaluation exercise on the financial instruments adopted under the rural development policy. Using fad n data, during a ten-year time span, the study estimates the investments and their financial covertures made by a sample of farms in the Abruzzo region.The balance sheets of the farms were analysed in order to quantify the investments made by the farms in one year and the related financial coverage. The main results show that the propensity to invest is, on average, of 0.27 and it varies according to the characteristics of the farms; while on average 90% of farm investment value is self-financed. These results provided some interesting policy implications, highlighting either or both, a latent need for farms for external financial funds and/or an ineffective financial management of the business activity.


Keywords: Rural development programme; Financial instruments; Farms investments, investment funding; Propensity to invest

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Felicetta Carillo, Francesco Licciardo, Eugenio Corazza, in "Economia agro-alimentare" 3/2021, pp. 1-24, DOI:10.3280/ecag2021oa12777

   

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