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The Common Agricultural Policy In Main Partial Equilibrium Models

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  • Conforti, Piero

Abstract

The paper reviews seven partial equilibrium global models used over the last 10 years to the analysis of the Common Agricultural Policy (ESIM, FAO-WFM, FAPRI-CARD, MISS, SPEL/EU, SWOPSIM and WATSIM). The discussion starts from the basic modelling assumptions, the data and parameters employed, by looking first at the common aspects of the models, and then at the unique characteristics of each model for simulating the effects of the CAP. Then the effectiveness of the modelling of five specific CAP tools is discussed; these are - direct price support, trade measures, supply management tools, partially "decoupled" payments, and voluntary schemes. It is argued that considerable improvements have taken place in the ability to capture the effects of changes in some of the main CAP tools, especially in relatively more recent efforts, and especially in terms of the explicit modelling of different measures. Further work is required on the quality of functional forms, the parameters and of the data employed in the models to complement the achievements already made in modelling agricultural and trade policy tools.

Suggested Citation

  • 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.
  • Handle: RePEc:ags:ineawp:14806
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    File URL: http://purl.umn.edu/14806
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    References listed on IDEAS

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    5. H. Guyomard & L. P. Mahé & C. Tavéra & T. Trochet, 1991. "Technical Change And Ec-Us Agricultural Trade Liberalisation," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(2), pages 119-137.
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    7. Ian Shaw & John Shaffer & V. Premakumar, 1997. "Policy and Forecasting Models for the Chinese, South Korean, Australian, and European Union Meat Sectors," Food and Agricultural Policy Research Institute (FAPRI) Publications 97-tr35, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
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    Cited by:

    1. 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.
    2. 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.
    3. Oyewumi, Olubukola Ayodeju, 2005. "Modeling tariff rate quotas in the South African livestock industry," Master's Degree Theses 28064, University of the Free State, Department of Agricultural Economics.
    4. Baer-Nawrocka, Agnieszka & Kiryluk-Dryjska, Ewa, 0. "Wpływ Likwidacji Kwot Mlecznych Na Sytuację Produkcyjną I Ekonomiczną Producentów Mleka W Unii Europejskiej (Wyniki Symulacji Modelowych)," Village and Agriculture (WieÅ› i Rolnictwo), Polish Academy of Sciences (IRWiR PAN), Institute of Rural and Agricultural Development, issue 3.
    5. Majewski, Edward & Malak-Rawlikowska, Agata & Gebska, Monkia & Hamulczuk, Mariusz & Harvey, David R., 2012. "Cost-Effectiveness Assesment Of Improving Animal Welfare Standards In European Agriculture," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126741, International Association of Agricultural Economists.
    6. Gebrehiwet, Yemane & Meyer, Ferdinand H. & Kirsten, Johann F., 2010. "Integrating Agricultural Input Expenditure into a South African Agricultural Sector’s Partial Equilibrium Model," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 97050, African Association of Agricultural Economists (AAAE);Agricultural Economics Association of South Africa (AEASA).

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