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Declining "Common" Agricultural Policy? CAP Reform of 2003 and Its National Implementation in the Member States

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  • Halmai, Peter
  • Elekes, Andrea

Abstract

This paper focuses on the basic element of the 2003 CAP reform process: on the single farm payment and its national implementation models. We examine possible economic impacts (production distorting effects, redistribution, restructuring, resource allocation and effects on land market) of the basic SFP models. In sum, we can say that the 2003 CAP reform and the new support provide an opportunity to overcome some of the difficulties the CAP faces with. However, the wide range of national diversities threatens the principle of the single market, and transparency and operation of the common market organizations. As there is a wide range of possible constructions member states can decide for, the common nature of the CAP gets more and more questionable.

Suggested Citation

  • Halmai, Peter & Elekes, Andrea, 2005. "Declining "Common" Agricultural Policy? CAP Reform of 2003 and Its National Implementation in the Member States," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24480, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae05:24480
    DOI: 10.22004/ag.econ.24480
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    References listed on IDEAS

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    Cited by:

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