The Reform of the Common Agricultural Policy. Consequences for the Austrian Agricultural Sector
AbstractOn the 26th of June 2003 an agreement was reached by farm ministers to reform the Common Agricultural Policy of the EU. Decoupling direct payments from farm output and the reduction of administrative prices are core elements of this reform. The goals of the reform are less output of cereals, beef, and milk, stabilised farm incomes and a farm sector that will be more competitive. Model simulations show that the intended outcomes are likely to be realised in Austria.
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Bibliographic InfoArticle provided by WIFO in its journal Quarterly.
Volume (Year): 8 (2003)
Issue (Month): 3 (August)
Austrian agriculture; common agricultural policy; sector modelling; Austria;
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- Markus F. Hofreither & Erwin Schmid & Franz Sinabell, 2004.
"Phasing out of Environmentally Harmful Subsidies: Consequences of the 2003 CAP Reform,"
WIFO Working Papers
- Schmid, Erwin & Sinabell, Franz & Hofreither, Markus F., 2007. "Phasing out of environmentally harmful subsidies: Consequences of the 2003 CAP reform," Ecological Economics, Elsevier, vol. 60(3), pages 596-604, January.
- Hofreither, Markus F. & Schmid, Erwin & Sinabell, Franz, 2004. "Phasing Out Of Environmentally Harmful Subsidies: Effects Of The Cap 2003 Reform," 2004 Annual meeting, August 1-4, Denver, CO 20169, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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