Abstract
In 2004, the EU Common Agricultural Policy (CAP) was reformed so that payments to farmers were unrelated to agricultural production; the Single Farm Payment (SFP). The objective was to reduce the market distorting incentives of the CAP. Utilising the farm data we compared it to Basic Income (BI). While there are some similarities, the SFP is functionally quite different from a BI. They are both income transfers independent of production. However, the SFP is not a flat rate payment, but is based on historical production. Like a BI, its unconditionality facilitates a change to a more market-rational production system, but these effects are relatively low. Equity objectives are also quite dissimilar relative to a pure BI instrument. There is some environmental-related conditionality, so it is more akin to Atkinson’s participation income. Nevertheless, the SFP can be regarded as equivalent to a relatively strong transition or stepping stone to a BI.
© 2012 by Walter de Gruyter GmbH & Co.
Artikel in diesem Heft
- Front Matter
- List of Contributors
- Content
- Editorial
- Research Article
- The Single Farm Payment: A Basic Income for Farmers?
- Keep On Working: Unconditional Basic Income in the Lab
- Prospects and Challenges for the Basic Income Proposal in Latin America
- Basic Income for Immigrants? The Pull Effect of Social Benefits on Migration
- Book Review
- Review of “Boaventura de Sousa Santos, Another Production Is Possible: Beyond the Capitalist Canon”
- Review of “Liam Murphy and Thomas Nagel, The Myth of Ownership: Taxes and Justice”
- Review of “Frank Lovett, A General Theory of Domination and Justice”
Artikel in diesem Heft
- Front Matter
- List of Contributors
- Content
- Editorial
- Research Article
- The Single Farm Payment: A Basic Income for Farmers?
- Keep On Working: Unconditional Basic Income in the Lab
- Prospects and Challenges for the Basic Income Proposal in Latin America
- Basic Income for Immigrants? The Pull Effect of Social Benefits on Migration
- Book Review
- Review of “Boaventura de Sousa Santos, Another Production Is Possible: Beyond the Capitalist Canon”
- Review of “Liam Murphy and Thomas Nagel, The Myth of Ownership: Taxes and Justice”
- Review of “Frank Lovett, A General Theory of Domination and Justice”