What is it about?
The literature argues on ambiguous impacts of different types of the Common Agricultural Policy (CAP) subsidies on farm technical efficiency. We find that the CAP subsidies decrease the technical efficiency of the Hungarian wine farms, while economic farm size increase.
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Why is it important?
The research provides reliable findings for policy recommendations regarding using wine farm resources and CAP subsidies. An additional opportunity for wine farm managers can be seen in their managerial and entrepreneurial efforts to increase economic farm size which can increase their technical efficiency.
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This page is a summary of: The common agricultural policy subsidies and the technical efficiency of Hungarian wine farms, International Journal of Wine Business Research, March 2023, Emerald, DOI: 10.1108/ijwbr-09-2022-0032.
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