IDEAS home Printed from https://ideas.repec.org/a/oup/erevae/v8y1981i1p57-83..html
   My bibliography  Save this article

The efficiency of the Common Agricultural Policy

Author

Listed:
  • K.J. THOMSON
  • D.R. HARVEY

Abstract

Summary The efficiency of the Common Agricultural Policy is dealt with in the spirit of traditional microeconomics, that is by relating the costs and burdens resulting from the policy to the progress achieved towards realizing specified objectives. The nature of policies and their costs and benefits is explored and related to the current operation of the CAP. Previous work on estimating the costs and benefits of the CAP is briefly reviewed. An analytical and methodological framework for the evaluation of efficiency is developed, which allows for the consistent comparison of alternative policies. Empirical application of this framework, restricted to the current policy, yields estimates of a variety of efficiency measures (cost/effect ratios), allowing a preliminary evaluation of policy directions within the current policy mix. While the analysis is reported largely at the Community level, breakdowns of the major results by member state and by farm size group are also reported.

Suggested Citation

  • K.J. Thomson & D.R. Harvey, 1981. "The efficiency of the Common Agricultural Policy," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 8(1), pages 57-83.
    • Handle: RePEc:oup:erevae:v:8:y:1981:i:1:p:57-83.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/erae/8.1.57
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bullock, David S. & Salhofer, Klaus, 2003. "Judging agricultural policies: a survey," Agricultural Economics, Blackwell, vol. 28(3), pages 225-243, May.
    2. Alston, Julian M. & Scobie, Grant M., 1987. "A Differentiated Goods Model Of The Effects Of European Policies In International Poultry Markets," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(1), pages 1-10, July.
    3. David S. Bullock & Klaus Salhofer & Jukka Kola, 1999. "The Normative Analysis of Agricultural Policy: A General Framework and Review," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(3), pages 512-535, September.
    4. Dermot Hayes & Andrew Schmitz, 1988. "The Price and Welfare Implications of Current Conflicts between the Agricultural Policies of the United States and the European Community," NBER Chapters, in: Issues in US-EC Trade Relations, pages 65-100, National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:erevae:v:8:y:1981:i:1:p:57-83.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.