IDEAS home Printed from
   My bibliography  Save this paper

Impact of the European Enlargement and Cap Reforms on Agricultural Markets. Much Ado About Nothing? The


  • Beghin, John C.
  • Beghin, John C.
  • Dong, Fengxia
  • Elobeid, Amani
  • Fuller, Frank H.
  • Matthey, Holger
  • Tokgoz, Simla
  • Wailes, Eric J.


Policy reforms in the EU require careful consideration because the EU is a significant player in international agricultural markets for many commodities. We analyze the effects on world agricultural markets of the 2003 Common Agricultural Policy (CAP) reform and the accession of ten new member states (NMS) to the EU on May 1, 2004. Given past reforms, changes introduced in the 2003 CAP have only a moderate impact on the EU-15, causing small decreases in production for most commodities and raising domestic prices marginally. Beef, rice, and dairy experience the greatest changes. Accession leads to substantial increases in domestic prices of several commodities in the ten NMS because their prices were historically below EU-15 prices. Consequently, consumption of agricultural products in these countries decreases while production rises. Trade with the NMS causes EU-15 prices to decline modestly, and the two reforms combined have moderate or negligible effects on world markets.

Suggested Citation

  • Beghin, John C. & Beghin, John C. & Dong, Fengxia & Elobeid, Amani & Fuller, Frank H. & Matthey, Holger & Tokgoz, Simla & Wailes, Eric J., 2005. "Impact of the European Enlargement and Cap Reforms on Agricultural Markets. Much Ado About Nothing? The," Staff General Research Papers Archive 12731, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:12731

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Yu, Tun-Hsiang (Edward) & Tokgoz, Simla & Wailes, Eric J. & Chavez, Eddie C., 2009. "A Quantitative Analysis of Trade Policy Responses to High Agricultural Commodity Prices," 2009 Conference, August 16-22, 2009, Beijing, China 51805, International Association of Agricultural Economists.
    2. Graham Brookes & Tun-Hsiang (Edward) Yu & Simla Tokgoz & Amani Elobeid, 2010. "Production and Price Impact of Biotech Crops, The," Food and Agricultural Policy Research Institute (FAPRI) Publications 10-wp503, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University.
    3. Ahmed, Wasim & Hussain, Safdar & Jafar, Rana Muhammad Sohail & Guang-Ju, Wang & Rabnawaz, Ambar & Saqib, Zulkaif Ahmed & JianZhou, Yang, 2016. "Impacts of Trade Liberalization on Dairy Industry in China," MPRA Paper 70385, University Library of Munich, Germany.

    More about this item


    CAP reform; common agricultural policy; EU enlargement; European agriculture; new member states;

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isu:genres:12731. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Curtis Balmer). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.