This paper assesses how efficiently Common Agricultural Policy direct payments enhance farm incomes by applying a quantile continuous treatment effect model on the Italian Farm Accountancy Data Network sample. Adding to previous analyses, we show that income responses to direct payments are higher in large farms rather than in small farms and lower in farms benefiting from larger levels of support. This suggests that direct payments are not very efficient in supporting incomes of small farms and reducing the disparity existing within the farm population. Furthermore, results suggest that there is scope to reduce the amount of payments provided to highly supported farms.

中文翻译：

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直接支付能有效地支持小型和大型农场的收入吗？

本文通过对意大利农场会计数据网络样本应用分位数连续处理效果模型，评估了共同农业政策直接支付如何有效地提高农场收入。添加到先前的分析中，我们表明，对直接付款的收入反应在大型农场而不是在小型农场中更高，而在受益于更大水平支持的农场中则更低。这表明直接支付在支持小农场的收入和减少农场人口中存在的差距方面不是很有效。此外，结果表明，可以减少向高度支持的农场提供的付款金额。