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Provedor de dados:  AgEcon
País:  United States
Título:  CAP REFORM, WHEAT PRICE INSTABILITY AND PRODUCER WELFARE
Autores:  Thompson, Stanley R.
Gohout, Wolfgang
Data:  2000-05-02
Ano:  2000
Palavras-chave:  Price transmission
CAP reform
Price instability
Producer welfare
Wheat market
Demand and Price Analysis
International Relations/Trade
Resumo:  We use a simple nonlinear commodity market model to illustrate the impact of recent reforms of the CAP on the variability of EU and world wheat prices. Second, within an expected utility framework we estimate the transfer and risk effects on producer welfare due to market liberalizing reforms. We found that wheat producers were over-compensated for the losses due to lower prices following the 1992 reforms. The transfer effect clearly dominated while the risk component was small. Further, we did not find producer incomes to be more unstable following to the 1992 CAP reforms.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  1931

http://purl.umn.edu/21780
Editor:  AgEcon Search
Relação:  American Agricultural Economics Association>2000 Annual meeting, July 30-August 2, Tampa, FL
Selected Paper
Formato:  13

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