Production, Consumption and Welfare Implications of Trade Liberalisation: The Case of Greek Agriculture
The main facts lying behind this paper are related to the current issues regarding EU policies; such as the accession of a number of Central and Eastern European Countries (CEECs) in the EU and the Doha round of the World Trade Organisation. The adopted quantitative methodology aims to estimate the expected trends in Greek agriculture following a substantial reduction in the level of protection over the 1999-2008 period. Two scenarios are examined: a baseline that simulates continuation of present agricultural policies, and one that assumes trade liberalisation. Trade liberalization has as an immediate negative effect on production, while a positive effect is true for demand. Welfare analysis results suggest a significant negative effect in producer surplus, but an overall positive trend for the net welfare effect in the case of the trade liberalisation scenario. Hence, from the efficiency point of view, the reallocation of resources through trade liberalisation is beneficial, if proper strategies are adopted to avoid additional costs due to market imperfections.
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.:
- 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.
- Rakhal Sarker & Karl Meilke & Michael Hoy, 1993.
"The Political Economv of Svstematic Government Intervention in Agriculture,"
Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie,
Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 41(3), pages 289-309, November.
- Sarker, Rakhal & Meilke, Karl D. & Hoy, Michael, 1991. "The Political Economy Of Systematic Government Intervention In Agriculture," Working Papers 123574, University of Guelph, Department of Food, Agricultural and Resource Economics.
When requesting a correction, please mention this item's handle: RePEc:ags:aergaa:26416. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.