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Cyprus Agriculture and the Common Agricultural Policy Patterns in Neighboring Areas

  • Michael S. Michael

    (Department of Economics, University of Cyprus)

  • George P. Zanias

    (Department of International and European Economic Studies, Athens University of Economics and Business)

In this paper, we analyze and evaluate the consequences on the agricultural sector of the Cyprus membership in the European Union (EU). First, we briefly present and analyze the structure and the problems of the agricultural sector in Cyprus. Second, we present the Cypriot agricultural policy and we compare it with the Common Agricultural Policy (CAP) of the EU In particular, we estimate the consequences of EU membership and the adoption of CAP on the Cypriot Economy. In particular, we estimate i) the income transfers from Cypriot consumers to EU producers, ii) the subsidies that Cypriot producers will receive from the EU budget and the contribution of Cyprus to EU budget, and iii) the net impact on the Cypriot Economy from the adoption of CAP.

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Article provided by Cyprus Economic Society and University of Cyprus in its journal Ekonomia.

Volume (Year): 3 (1999)
Issue (Month): 2 (Winter)
Pages: 125-140

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Handle: RePEc:ekn:ekonom:v:3:y:1999:i:2:p:125-140
Contact details of provider: Web page: http://www.ekonomia.ucy.ac.cy/

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