| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
Reform der EU-Milchmarktpolitik bei instabilen Weltmärkten
Reform of the EU dairy policy vis-a-vis unstable world markets
|
| Autores: |
Grams, Michael
|
| Data: |
2010-11-27
|
| Ano: |
2005
|
| Palavras-chave: |
CAP
Dairy market
Milk quota system
Partial equilibrium model
Uncertainty
Stochastic simulation
Agricultural and Food Policy
Livestock Production/Industries
|
| Resumo: |
The article examines the market and welfare effects of the current CAP reform and further policy options on the EU dairy market. The main focus is the influence of unstable world markets and the uncertainty it generates in policy analysis which has been widely neglected. The simulations of a stochastic dairy market model reveal that the considered policy options affect the impact of world market instabilities on the EU dairy market. Thus, not only a changing level of producer price or revenues can be expected, but also a changing degree of instability. Policy making without taking such instability changes into account may lead to undesired effects and, finally, could undermine the realisation of policy objectives. Also, the evaluation of the welfare effects of the policy options is more sophisticated than in a deterministic examination. With respect to the assessment of the CAP reform the simulations show that its impact on the EU dairy market instability as well as on the uncertainty of the welfare effects depends crucially on whether the quota is binding or not.
|
| Tipo: |
Journal Article
|
| Idioma: |
Alemão
|
| Identificador: |
ISSN 0002-1121
http://purl.umn.edu/97212
|
| Relação: |
German Journal of Agricultural Economics> Volume 54, Issue 3, 2005
|
| Formato: |
10
|
|
