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An Assessment of the Luxembourg Agreement on the Spanish Agricultural Sector: an Econometric Model

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  • Casado, José María
  • Gracia, Azucena

Abstract

The main aim of this paper is to build and validate an econometric model for the Spanish agrifood sector that allows for projection and policy simulation under alternative scenarios. We developed an econometric, dynamic, multi-product partial equilibrium commodity model where policy instruments were explicitly introduced in order to allow quantitative analysis of CAP reform scenarios. The Spanish Econometric Simulation of Agricultural Policies (SESAP) model results indicate that the new decoupling measure introduced by the Luxembourg Agreement have mainly impact on the sectors more linked to the new instrument, cereals, oilseed, cattle and beef meat and, sheep and lamb meat. Moreover, only changes in area harvested, number of animals and production for those products have been found.

Suggested Citation

  • Casado, José María & Gracia, Azucena, 2005. "An Assessment of the Luxembourg Agreement on the Spanish Agricultural Sector: an Econometric Model," 89th Seminar, February 2-5, 2005, Parma, Italy 232589, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae89:232589
    DOI: 10.22004/ag.econ.232589
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    References listed on IDEAS

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    1. Conforti, Piero, 2001. "The Common Agricultural Policy In Main Partial Equilibrium Models," Working Papers 14806, National Institute of Agricultural Economics, Italy - INEA, Osservatorio Sulle Politiche Agricole dell'UE.
    2. de Muro, Pasquale & Salvatici, Luca, 2001. "The Common Agricultural Policy In Multisectoral Models," Working Papers 14804, National Institute of Agricultural Economics, Italy - INEA, Osservatorio Sulle Politiche Agricole dell'UE.
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    Cited by:

    1. Casado, Jose Maria & Gracia, Azucena, 2006. "Introducing Different Land Uses (Irrigated and Non-Irrigated) in Policy Analysis Modelling for Mediterranean Countries," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25709, International Association of Agricultural Economists.
    2. Buysse, Jeroen & Van Huylenbroeck, Guido, 2005. "Impact of Alternative Implementations of the Agenda 2000 Mid Term Review," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24589, European Association of Agricultural Economists.
    3. Scardigno, Alessandra & Bazzani, Guido Maria, 2008. "An Integrated Territorial Simulation Model To Evaluate Cap Reform On Mediterranean Agriculture. Methodological Proposal And First Applications In Apulia Region (Southern Italy)," 109th Seminar, November 20-21, 2008, Viterbo, Italy 44799, European Association of Agricultural Economists.

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