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farmers for the latter to specialize solely on that activity. Another examination by the Court of Auditors (2003) highlighted the difficulty of separating farm income from other income sources. In other words, while it was possible to estimate how much rent farmers in the EU received due to the CAP, the impact of this transfer on the disposable income of farmers was ambiguous at best when farmers’ incomes were, in practice, made up of revenue from both farming and non-farming occupations. Furthermore, as can be seen from the following figure 6 transfer efficiency itself was a major problem. Just before MTR, in 2002, only 51% of the money that the tax payers and consumers (through higher prices) contributed actually reached farmers as revenue (and this picture ignores dead weight loss caused by the CAP and in-direct economic costs resulting from inefficient resource allocation in the economy). Figure 6: Transfer efficiency 60.00 € 60.00% 50.00% 40.00 € 40.00% 30.00% 20.00 € 20.00% 10.00% 0.00 € 0.00% ‐20.00 € ‐40.00 € ‐60.00 € ‐80.00 € ‐100.00 € 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Farm Households Taxpayers Consumers Transfer efficiency Source: Author’s compilation of OECD (2011) data. 32