Towards an econometric model of the Irish agricultural sector
AbstractIn this paper the econometric model that has been developed under the auspices of the FAPRI-Ireland Partnership is presented. The FAPRI-Ireland Partnership is a joint venture between Teagasc (The Irish Agriculture and Food Development Authority), the Irish universities, other interest groups in Ireland, and the Food and Agriculture Policy Institute (FAPRI) in the USA. The overall model is comprised of a set of individual econometrically estimated commodity models e.g. beef, dairy, sheep pigs and cereals, that are linked and solved simultaneously under different policy scenarios. Typically the impact of policy changes are projected over a ten-year horizon. The individual commodity models for Ireland are linked to the FAPRI EU and world models. This allows the simulation of policy changes at a national, EU and international level. The model has already been used to assess the likely impact of the changes to the CAP under Agenda 2000.
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Bibliographic InfoPaper provided by Department of Economics, Finance and Accounting, National University of Ireland - Maynooth in its series Economics, Finance and Accounting Department Working Paper Series with number n900699.
Length: 30 pages
Date of creation: Jun 1999
Date of revision:
Irish agricultural policy; FAPRI;
Find related papers by JEL classification:
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
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