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The Common Agricultural Policy In Main Partial Equilibrium Models

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  • Conforti, Piero
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    Abstract

    The paper reviews seven partial equilibrium global models used over the last 10 years to the analysis of the Common Agricultural Policy (ESIM, FAO-WFM, FAPRI-CARD, MISS, SPEL/EU, SWOPSIM and WATSIM). The discussion starts from the basic modelling assumptions, the data and parameters employed, by looking first at the common aspects of the models, and then at the unique characteristics of each model for simulating the effects of the CAP. Then the effectiveness of the modelling of five specific CAP tools is discussed; these are - direct price support, trade measures, supply management tools, partially "decoupled" payments, and voluntary schemes. It is argued that considerable improvements have taken place in the ability to capture the effects of changes in some of the main CAP tools, especially in relatively more recent efforts, and especially in terms of the explicit modelling of different measures. Further work is required on the quality of functional forms, the parameters and of the data employed in the models to complement the achievements already made in modelling agricultural and trade policy tools.

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    Bibliographic Info

    Paper provided by National Institute of Agricultural Economics, Italy INEA, Osservatorio Sulle Politiche Agricole dell'UE in its series Working Papers with number 14806.

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    Date of creation: 2001
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    Handle: RePEc:ags:ineawp:14806

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    Related research

    Keywords: Agricultural and Food Policy; Research Methods/ Statistical Methods;

    References

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    1. Fuller, Frank H. & Beghin, John C. & Mohanty, Samarendu & Fabiosa, Jacinto F. & Fang, Cheng & Kaus, Phillip J., 1999. "Impact of the Berlin Accord and European Enlargement on Dairy Markets, The," Staff General Research Papers 1696, Iowa State University, Department of Economics.
    2. Hart, Chad E. & Helmar, Michael D. & Hayes, Dermot J. & Meyers, William H., 1993. "Cap Reform Studies: A Comparison," Staff General Research Papers 678, Iowa State University, Department of Economics.
    3. Ian Shaw & John Shaffer & V. Premakumar, 1997. "Policy and Forecasting Models for the Chinese, South Korean, Australian, and European Union Meat Sectors," Food and Agricultural Policy Research Institute (FAPRI) Publications 97-tr35, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
    4. H. Guyomard & L. P. Mahé & C. Tavéra & T. Trochet, 1991. "Technical Change And Ec-Us Agricultural Trade Liberalisation," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(2), pages 119-137.
    5. Westhoff, Patrick & Hayes, Dermot J. & Meyers, William H. & Helmar, Michael D., 1992. "Analysis of the European Community Commission Plan for Common Agricultural Policy Reform," Staff General Research Papers 547, Iowa State University, Department of Economics.
    6. Meilke, Karl D. & McClatchy, Don & de Gorter, Harry, 1995. "Challenges In Quantitative Economic Analysis In Support Of Multilateral Trade Negotiations," Working Papers 51215, International Agricultural Trade Research Consortium.
    7. Ian Shaw & John Shaffer & V. Premakumar, 1997. "Policy and Forecasting Models for the Chinese, South Korean, Australian, and European Union Meat Sectors," Center for Agricultural and Rural Development (CARD) Publications 97-tr35, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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    Cited by:
    1. Oyewumi, Olubukola Ayodeju, 2005. "Modeling tariff rate quotas in the South African livestock industry," Master's Degree Theses 28064, University of the Free State, Department of Agricultural Economics.
    2. Casado, Jose Maria & Gracia, Azucena, 2006. "Introducing Different Land Uses (Irrigated and Non-Irrigated) in Policy Analysis Modelling for Mediterranean Countries," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25709, International Association of Agricultural Economists.
    3. Majewski, Edward & Malak-Rawlikowska, Agata & Gebska, Monkia & Hamulczuk, Mariusz & Harvey, David R., 2012. "Cost-Effectiveness Assesment Of Improving Animal Welfare Standards In European Agriculture," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126741, International Association of Agricultural Economists.
    4. Gebrehiwet, Yemane & Meyer, Ferdinand H. & Kirsten, Johann F., 2010. "Integrating Agricultural Input Expenditure into a South African Agricultural Sector’s Partial Equilibrium Model," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 97050, African Association of Agricultural Economists (AAAE) & Agricultural Economics Association of South Africa (AEASA).

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