Skip to main content
Agricultural and Food Economics

Table 1 Description of the simulation scenarios referring to the implementation of the IST

From: Effects of the Income Stabilization Tool on farm income level, variability and concentration in Italian agriculture

Code

Description

I

Baseline: current observed situation, including CAP direct payments, but without the IST in place

IIP

IST with farmers paying a contribution proportional to their income to the mutual fund

IIF

IST with farmers paying a flat rate contribution to the mutual fund

II

Theoretical case in which the IST is fully subsidized (i.e., farmers do not pay any contribution to the mutual fund).

Back to article page