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Reform and Adjustment in the European Union: The 2003 Reform of the Common Agricultural Policy and Enlargement

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  • Bascou, Pierre
  • Londero, Pierluigi
  • Munch, Wolfgang

Abstract

This paper aims at presenting the main findings of an impact analysis of the reform of the Common Agricultural Policy on the agricultural markets and income of the current and the enlarged European Union over the 2004-2010 period, with specific investigation of the impact of the single farm payment. This policy changes towards significantly less-trade distorting instruments should reduce the risk of structural surpluses. The market projections indicate that adjustment of production would take part in key areas of agricultural production in Europe (cereal, beef and dairy production) while keeping agricultural income little affected.

Suggested Citation

  • Bascou, Pierre & Londero, Pierluigi & Munch, Wolfgang, 2004. "Reform and Adjustment in the European Union: The 2003 Reform of the Common Agricultural Policy and Enlargement," IAPRAP\IATRC Summer Symposium, Adjusting to Domestic and International Agricultural Reform in Industrial Countries, June 6-7, 2004, Philadelphia, PA, 15769, International Agricultural Policy Reform and Adjustment Project (IAPRAP).
    • Handle: RePEc:ags:iapr04:15769
    DOI: 10.22004/ag.econ.15769
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    File URL: https://ageconsearch.umn.edu/record/15769/files/cp04ba01.pdf
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    References listed on IDEAS

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    1. Euan Phimister, 1995. "Farm Household Production In The Presence Of Restrictions On Debt: Theory And Policy Implications," Journal of Agricultural Economics, Wiley Blackwell, vol. 46(3), pages 371-380, September.
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    3. Benjamin, Dwayne, 1992. "Household Composition, Labor Markets, and Labor Demand: Testing for Separation in Agricultural Household Models," Econometrica, Econometric Society, vol. 60(2), pages 287-322, March.
    4. C. Edwin Young & Paul C. Westcott, 2000. "How Decoupled Is U.S. Agricultural Support for Major Crops?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 762-767.
    5. James Rude, 2000. "An Examination of Nearly Green Programs: Case Study for Canada," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 755-761.
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    Cited by:

    1. Frédéric Courleux & Hervé Guyomard & Fabrice Levert & Laurent Piet, 2008. "How the EU Single Farm Payment should be modelled: lump-sum transfers, area payments or… what else?," Working Papers SMART 08-01, INRAE UMR SMART.
    2. Arovuori, Kyösti & Kola, Jukka, 2005. "Policies and Measures for Multifunctional Agriculture: Experts' Insight," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(3), pages 1-31.
    3. Frédéric Courleux & Herve Guyomard & Fabrice Levert & Laurent Piet & . Inra & . Société Française d'Economie Rurale, 2007. "How the EU single farm payment should be modelled: lump-sum transfers, area payments or… something else ?," Post-Print hal-02282245, HAL.

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