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Consequences of the 2003 CAP Reform on a Mediterranean Agricultural System of Portugal

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  • Carvalho, Maria Leonor da Silva
  • Godinho, Maria de Lurdes Ferro

Abstract

Agriculture in dry land Mediterranean areas faces considerable level of production risk as result of the unpredictable weather. Governmental income stabilisation instruments have had a major impact on Mediterranean farms in changing land allocation, and changing income levels and variability. Using a mathematical programming model, the impact of the 2003 CAP reform on land allocation and on income variability is evaluated for a Portuguese Mediterranean farm. The results show an increase of extensification of production activities. They also show an increase in total farm income, a reduction in relative total income variability and an increase in relative production income variability.

Suggested Citation

  • Carvalho, Maria Leonor da Silva & Godinho, Maria de Lurdes Ferro, 2005. "Consequences of the 2003 CAP Reform on a Mediterranean Agricultural System of Portugal," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24719, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae05:24719
    DOI: 10.22004/ag.econ.24719
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    References listed on IDEAS

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    1. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(1), pages 53-62.
    2. P. B. R. Hazell, 1971. "A Linear Alternative to Quadratic and Semivariance Programming for Farm Planning under Uncertainty: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(4), pages 664-665.
    3. B. Curtis Eaves, 1971. "On Quadratic Programming," Management Science, INFORMS, vol. 17(11), pages 698-711, July.
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    Cited by:

    1. Roeder, Norbert & Hennessy, Thia C. & Stilmant, Didier, 2007. "Development Of The Utilization Of Pastoral Land In The Eu 25 After 2003," 47th Annual Conference, Weihenstephan, Germany, September 26-28, 2007 7590, German Association of Agricultural Economists (GEWISOLA).
    2. Röder, N. & Hennessy, T. & Stilmant, D., 2008. "Development of the utilization of pastrol land in the EU 25 after 2003," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 43, March.

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