GTAP Resources: Resource Display
| GTAP Resource #61 |
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"Agricultural and Economy-Wide Effects of European Enlargement: Modelling the Common Agriculture Policy" by Jensen, Hans Grinsted, Soren Frandsen and Christian Friis Bach Abstract The economic impact of extending the Common Agricultural Policy to the Central and Eastern European countries (CEEC) has become a major issue in the European enlargement debate. This paper addresses this issue by providing an assessment of the economy-wide effects of European enlargement using a global general equilibrium model where special attention is given to modelling the instruments of the Common Agricultural Policy, the Agenda 2000 proposal and the EU budget. The results indicate a substantial potential for increasing agricultural production in the CEEC. The EU budget will increase significantly and the transfers from EU taxpayers to farmers in the CEEC result in significant welfare gains in the new member countries. In spite of these important transfers the macroeconomic costs for the EU are found to be limited. |
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- Agricultural policies |
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Public Access  GTAP Resource 61 (377.0 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM
