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The Macroeconomics of European Agriculture

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Author Info
Gylfason, T

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Abstract

Should central banks concern themselves with agricultural policies? Does Europe's Common Agricultural Policy (CAP) matter for Central and Eastern Europe? Should ministries of agriculture be abolished, or perhaps be incorporated into ministries of environment or even education and culture? The answers suggested in this study - yes, yes and yes - are based on recent empirical evidence on the cost to consumers and taxpayers of agricultural protection in Europe in terms of welfare and lost and output foregone.

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Publisher Info
Paper provided by International Economics Section, Departement of Economics Princeton University, in its series Princeton Studies in International Economics with number 78.

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Length: 56 pages
Date of creation: 1995
Date of revision:
Handle: RePEc:fth:prinfi:78

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Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A
Phone: (609) 258-4000
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Web page: http://www.econ.princeton.edu/
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Related research
Keywords: AGRICULTURE ; CENTRAL BANKS ; MACROECONOMICS ; EUROPE;

Find related papers by JEL classification:
E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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  1. Gylfason, Thorvaldur, 2004. "Monetary and Fiscal Management, Finance, and Growth," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    Other versions:
  2. Fabrice Murtin & Martina Viarengo, 2007. "The convergence process of compulsory schooling in Western Europe: 1950-2000," PSE Working Papers 2007-18, PSE (Ecole normale supérieure). [Downloadable!]
  3. Jacob Kol & L. Winters, 2003. "Reconvering from CancĂșn: the EU responsibility," Intereconomics: Review of European Economic Policy, Springer, vol. 38(6), pages 339-345, November. [Downloadable!] (restricted)
  4. Gylfasson, Thorvaldur, 1997. "Output Gain From Economic Stabilization," Seminar Papers 606, Stockholm University, Institute for International Economic Studies. [Downloadable!]
    Other versions:
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This page was last updated on 2009-10-24.


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