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Evaluating EU Agricultural Policy Reform Using the EU WTO Model

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Author Info
Stout, Jim
Leetmaa, Susan
Normile, Mary Anne
Abstract

This paper provides an overview of the European Union component of the recently developed ERS/Penn State WTO Model. The model is a multi-region, multi-commodity partial equilibrium trade model which allows the user to simulate the effects of reducing or eliminating tariffs and TRQs, export subsidies, and domestic support policies. The paper describes how the model captures the important agricultural policies of the EU, and presents results from model simulations of domestic support liberalization, export subsidy elimination, and tariff removal.

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File URL: http://purl.umn.edu/24941
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Publisher Info
Paper provided by European Association of Agricultural Economists in its series 2002 International Congress, August 28-31, 2002, Zaragoza, Spain with number 24941.

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Date of creation: 2002
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Handle: RePEc:ags:eaae02:24941

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Related research
Keywords: WTO; agricultural trade; domestic support; export subsidy; European Union; International Relations/Trade;

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  1. Diao, Xinshen & Elbehri, Aziz & Gehlhar, Mark & Gibson, Paul & Leetmaa, Susan & Mitchell, Lorraine & Nelson, Frederick J. & Nimon, R. Wesley & Normile, Mary Anne & Roe, Terry & Shapouri, Shahla & Skul, 2001. "Agricultural Policy Reform In The Wto: The Road Ahead," Agricultural Economics Reports 34015, United States Department of Agriculture, Economic Research Service. [Downloadable!]
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This page was last updated on 2009-12-11.


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