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Exploring the Impact of Agricultural Price and Trade Policy Reform under Transition in Albania

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  • George Mergos
  • Pavlos Karadeloglou
  • Chrysostomos Stoforos

Abstract

Agricultural policy decision making in economies undergoing transition to market is in need of empirical tools for assessing the impact of alternative policy options. The econometric means available for such exercise, however, are limited for lack of data and structural breaks in economic behaviour. Synthetic, partial equilibrium, multi-market models offer a potential alternative. Such models have been used extensively, even in advanced economies, to offer valuable insights on the impact of alternative policy options. This paper shows the use of such a partial equilibrium, multi-market, synthetic-type model as a tool for agricultural policy analysis in a country in transition. The model is applied for Albania, a predominantly agricultural country that, after a period of centralism and autarky, aims to re-join the international economic system. The model, albeit its many limitations, offers some useful insights on the impact of alternative options available for agricultural price and trade policy. Copyright Kluwer Academic Publishers 1999

Suggested Citation

  • George Mergos & Pavlos Karadeloglou & Chrysostomos Stoforos, 1999. "Exploring the Impact of Agricultural Price and Trade Policy Reform under Transition in Albania," Economic Change and Restructuring, Springer, vol. 32(2), pages 103-127, May.
    • Handle: RePEc:kap:ecopln:v:32:y:1999:i:2:p:103-127
    DOI: 10.1023/A:1003371014363
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    1. Hatziprokopiou, Michalis & Karagiannis, Giannis & Velentzas, Kostas, 1996. "Production Structure, Technical Change, and Productivity Growth in Albanian Agriculture," Journal of Comparative Economics, Elsevier, vol. 22(3), pages 295-310, June.
    2. Junz, Helen B, 1991. "Integration of Eastern Europe into the World Trading System," American Economic Review, American Economic Association, vol. 81(2), pages 176-180, May.
    3. Ms. Helen B. Junz, 1991. "Integration of Eastern Europe Into the World Trading System," IMF Working Papers 1991/024, International Monetary Fund.
    4. Natalija Kazlauskiene & S. Devadoss & William H. Meyers, 1991. "Adaptive Policy Simulation Model to Analyze Price Reforms for Lithuanian Food and Agricultural Products, An," Center for Agricultural and Rural Development (CARD) Publications 91-br1, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    5. Petit, Michel & Brooks, Karen M, 1994. "The Role of the West in the Reconstruction of Agriculture in Eastern and Central Europe and the Former Soviet Union," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 21(3-4), pages 477-492.
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    1. Mergos, G. & Stoforos, C. & Mishev, P. & Ivanova, N., 2001. "Analysing agricultural policy reforms under transition in Bulgaria," Food Policy, Elsevier, vol. 26(5), pages 475-493, October.
    2. Svetlov, Nikolai (Светов, Николай) & Shishkina, Ekaterina (Шишкина, Екатерина), 2016. "Economic and Mathematical Modeling of EAEC Agri-food Policy [Экономико-Математическое Моделирование Агро- Продовольственной Политики Еаэс]," Working Papers 767, Russian Presidential Academy of National Economy and Public Administration.

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