Reform der EU-Milchmarktpolitik bei instabilen WeltmÃ¤rkten
The article examines the market and welfare effects of the current CAP reform and further policy options on the EU dairy market. The main focus is the influence of unstable world markets and the uncertainty it generates in policy analysis which has been widely neglected. The simulations of a stochastic dairy market model reveal that the considered policy options affect the impact of world market instabilities on the EU dairy market. Thus, not only a changing level of producer price or revenues can be expected, but also a changing degree of instability. Policy making without taking such instability changes into account may lead to undesired effects and, finally, could undermine the realisation of policy objectives. Also, the evaluation of the welfare effects of the policy options is more sophisticated than in a deterministic examination. With respect to the assessment of the CAP reform the simulations show that its impact on the EU dairy market instability as well as on the uncertainty of the welfare effects depends crucially on whether the quota is binding or not.
Volume (Year): 54 (2005)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: |
Phone: +49 (0)30 2093 6305
Fax: +49 (0)30 2093 6497
Web page: http://www.gjae-online.de/
More information through EDIRC
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.:
- Anderson, Kym & Tyers, Rodney, 1984. "European Community Grain and Meat Policies: Effects on International Prices, Trade and Welfare," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 11(4), pages 367-94.
- Bouamra-Mechemache & RÃ©quillart, 2000.
"Analysis of EU dairy policy reform,"
156175, Institut National de la Recherche Agronomique, France.
- Herrmann, Roland & Schmitz, Peter Michael, 1984. "Stabilizing Producers' Revenue by Fixing Agricultural Prices within the EC?," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 11(4), pages 395-414.
- Chavas, Jean-Paul & Cox, Thomas L. & Jesse, Edward, 1998.
"Spatial allocation and the shadow pricing of product characteristics,"
Blackwell, vol. 18(1), pages 1-19, January.
- Chavas, Jean-Paul & Cox, Thomas L. & Jesse, Edward, 1998. "Spatial allocation and the shadow pricing of product characteristics," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 18(1), January.
- Zohra Bouamra-Mechemache & Jean-Paul Chavas & Tom Cox & Vincent Réquillart, 2002. "EU Dairy Policy Reform and Future WTO Negotiations: a Spatial Equilibrium Analysis," Journal of Agricultural Economics, Wiley Blackwell, vol. 53(2), pages 233-257.
When requesting a correction, please mention this item's handle: RePEc:ags:gjagec:97212. 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.