Public support on young tuscan wine farmers: PERTS or PEST policies?

The specific objective of this work is to analyze how public agricultural resources are allocated to the young Tuscan vignerons (between 18 and 40 years old) and if their distribution creates “leverage” effect on the principals financial values. Taking into account the economic face of sustainability, we must concentrate our attention on the long-term economics of the young farmers on the basis of their recent financial performance. The results are obtained by the sum of total expenditure (I and II pillar of CAP and CMO wine sector) from 2005 to 2009, crossed with the financial values: principal items of revenues and the costs. Then was calculated the profitability and its impact on revenues, without the weight of public support and the support. This research was triggered by a combination of factors: Public Support, Financial Value and Public Choice theory (PEST and PERT policies). From the first results seems that the public support has balanced only in part (5.8%) the lack of profitability of young winemaker. Thus income as not changed the lose in the gross profit margin GPM, but it only covers some of the cost sustained. If there was no support the effects would have been more dramatic, especially for the future of vignerons. The research can be a helpful instrument to evaluate if the political objectives of the policy makers are coherent with the actual agricultural public support between the research data or if exists a conflict efficiency and effectiveness of agricultural spending.