Effectiveness of Farm Policies on Social and Economic Development in Rural Areas
AbstractA methodology for estimating the impact of agricultural support payments on both farm output and the wider economy at regional level is outlined and applied to one Scottish region. Using a Johansen-type model of the agriculture sector, the impact of support changes on agricultural output is forecast. A regional input-output matrix is derived and used to calculate income and employment multipliers for the main agricultural enterprises. Using these multipliers, forecasts of regional income and employment losses due to a partial reduction in agricultural support are made. Within the region, the spatial distribution of benefits is projected using a Gravity Model and mapped using a Geographic Information System. Copyright 1997 by Oxford University Press.
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Bibliographic InfoArticle provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.
Volume (Year): 24 (1997)
Issue (Month): 3-4 ()
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