Global Convergence or Global Divergence of Agricultural Support Mechanisms?

Abstract:

This paper presents the problems of changes in financial support for agriculture estimated through the TSE indicator and their possible convergence. The analysis was carried out using sigma and beta absolute convergence between 1995 and 2016. Australia, Canada, Japan, Korea, New Zealand, Turkey, the USA and the European Union included the regions analysed. The aim of the article was to confirm or deny the existence of convergence of support for agriculture on a global scale. The study did confirm the hypothesis of the convergence of agricultural support. These conclusions do not coincide with previous studies carried out in OECD countries.