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An Evaluation of the Common Agricultural Policy as a Barrier Facing Agricultural Exports to the European Economic Community

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  • Gary P. Sampson
  • Alexander J. Yeats

Abstract

The influence of the European Economic Community's Common Agriculture Policy on world agricultural prices and exports of producing nations is analyzed. CAP reduces demand for agricultural imports, imparting more inelasticity into the world demand for them. Increased inelasticity amplifies price fluctuations born by non-EEC producers. Results stress the need for incorporating the subject of agricultural protection into the agenda of the current multilateral trade negotiations. Since CAP can amplify fluctuations in world agricultural prices, the system has a direct detrimental effect on non-EEC producers. CAP's potential for trade restriction, under levies and other protectionist measures, is significant.

Suggested Citation

  • Gary P. Sampson & Alexander J. Yeats, 1977. "An Evaluation of the Common Agricultural Policy as a Barrier Facing Agricultural Exports to the European Economic Community," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(1), pages 99-106.
  • Handle: RePEc:oup:ajagec:v:59:y:1977:i:1:p:99-106.
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    File URL: http://hdl.handle.net/10.2307/1239613
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    Citations

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    Cited by:

    1. Rastegari, Shida, 1982. "Feed grains imports and pricing in the European Economic Community," ISU General Staff Papers 198201010800008476, Iowa State University, Department of Economics.
    2. Sarris, Alexander, 1982. "European Community Enlargement and World Trade in Fruits and Vegetables," CUDARE Working Papers 198216, University of California, Berkeley, Department of Agricultural and Resource Economics.
    3. Liapis, Peter S., 1989. "Estimation and Evaluation of Economic Community Wheat Export Subsidies," Staff Reports 278253, United States Department of Agriculture, Economic Research Service.
    4. Clark, Don P., 1992. "Non-Tariff Measures And Industrial Nation Imports Of Agricultural Products," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 24(1), pages 225-232, July.
    5. Blyth, Nicola, 1984. "The Eec Sheepmeat Market And Voluntary Export Restraint Agreements," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 28(1), pages 1-11, April.
    6. Charalampos Konstantinidis, 2012. "Assessing the Rise of Organic Farming in the European Union: Environmental and Socio-economic Consequences," UMASS Amherst Economics Working Papers 2012-01, University of Massachusetts Amherst, Department of Economics.
    7. Sarris, Alexander H., 1984. "World Trade in Fruits and Vegetables: Projections for an Enlarged European Community," Foreign Agricultural Economic Report (FAER) 305272, United States Department of Agriculture, Economic Research Service.
    8. Josling, Timothy E. & Pearson, Scott R., 1982. "Developments in the Common Agricultural Policy of the European Community," Foreign Agricultural Economic Report (FAER) 147189, United States Department of Agriculture, Economic Research Service.
    9. repec:mab:wpaper:18 is not listed on IDEAS
    10. Webb, Alan J., 1984. "Protection In Agricultural Markets," Staff Reports 277605, United States Department of Agriculture, Economic Research Service.
    11. Frederick L. Pryor, 1981. "Static and Dynamic Effects of Different Types of Trade Barriers: A Synthesis Using a General Equilibrium Model," Eastern Economic Journal, Eastern Economic Association, vol. 7(2), pages 59-74, Apr-Jun.
    12. Katrakilidis, Constantinos P. & Mardas, Dimitri, 2011. "Intra-industry Trade in Agricultural Products at intra-EC level: The Impact of the Common Agricultural Policy (CAP) Funds," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 12(2).
    13. Economics, Statistics, and Cooperatives Service, 1979. "Structure Issues of American Agriculture:," Agricultural Economic Reports 307871, United States Department of Agriculture, Economic Research Service.
    14. Moulton, Kirby S., 1983. "The European Community's Horticultural Trade: Implications of EC Enlargement," Foreign Agricultural Economic Report (FAER) 147217, United States Department of Agriculture, Economic Research Service.
    15. Paarlberg, Philip L. & Webb, Alan J. & Morey, Arthur & Sharples, Jerry A., 1984. "Impacts Of Policy On U.S. Agricultural Trade," Staff Reports 277627, United States Department of Agriculture, Economic Research Service.
    16. Edward E. Leamer, 1988. "Measures of Openness," NBER Chapters, in: Trade Policy Issues and Empirical Analysis, pages 145-204, National Bureau of Economic Research, Inc.
    17. Pagoulatos, Emilio & Debertin, David L. & Pagoulatos, Angelos, 1978. "Effects Of Eec Agricultural Policy On European Imports Of Meat, Dairy Products, And Eggs," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(1), pages 1-5, July.
    18. Charalampos Konstantinidis, 2013. "Assessing the Socio-Economic Consequences of the Rise of Organic Farming in the European Union," Working Papers 2013_05, University of Massachusetts Boston, Economics Department.

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