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Reform and Adjustment in the European Union: The 2003 Reform of the Common Agricultural Policy and Enlargement

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Author Info
Bascou, Pierre
Londero, Pierluigi
Munch, Wolfgang
Abstract

This paper aims at presenting the main findings of an impact analysis of the reform of the Common Agricultural Policy on the agricultural markets and income of the current and the enlarged European Union over the 2004-2010 period, with specific investigation of the impact of the single farm payment. This policy changes towards significantly less-trade distorting instruments should reduce the risk of structural surpluses. The market projections indicate that adjustment of production would take part in key areas of agricultural production in Europe (cereal, beef and dairy production) while keeping agricultural income little affected.

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Publisher Info
Paper provided by International Agricultural Policy Reform and Adjustment Project (IAPRAP) in its series IAPRAP\IATRC Summer Symposium, Adjusting to Domestic and International Agricultural Reform in Industrial Countries, June 6-7, 2004, Philadelphia, PA with number 15769.

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Date of creation: 2004
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Handle: RePEc:ags:iapr04:15769

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Web page: http://agadjust.aers.psu.edu/

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Related research
Keywords: Common Agricultural Policy; enlargement; decoupled payments; reform; Agricultural and Food Policy;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Hennessy, David A., 1998. "The Production Effects of Agricultural Income Support Policies under Uncertainty," Staff General Research Papers 1207, Iowa State University, Department of Economics.
  2. Euan Phimister, 1995. "Farm Household Production In The Presence Of Restrictions On Debt: Theory And Policy Implications," Journal of Agricultural Economics, Blackwell Publishing, vol. 46(3), pages 371-380. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Frédéric Courleux & Hervé Guyomard & Fabrice Levert & Laurent Piet, 2008. "How the EU Single Farm Payment should be modelled: lump-sum transfers, area payments or… what else?," Working Papers SMART - LERECO 200801, INRA UMR SMART. [Downloadable!]
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This page was last updated on 2009-12-26.


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