Long-Run Effects of the Common Agricultural Policy for Switzerland: A Simulation Analysis
AbstractThe long run impact of adopting the Common Agricultural Policy for Switzerland is analyzed on the basis of a three-region applied general equilibrium model. Estimates suggest that, because of the present high protection of agriculture, integration generates important net welfare gains (about 1 % of Swiss GDP) in spite of the small size of the agricultural sector. Taking into account adjustment costs due to temporary unemployment still produces sizeable welfare gains. Estimates of the distributive impacts are also provided along with an analysis of the robustness of results.
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Bibliographic InfoArticle provided by Swiss Society of Economics and Statistics (SSES) in its journal Swiss Journal of Economics and Statistics.
Volume (Year): 138 (2002)
Issue (Month): III (September)
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Applied General Equilibrium; Regional Integration; Common Agricultural Policy;
Find related papers by JEL classification:
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- F15 - International Economics - - Trade - - - Economic Integration
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
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