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Niemi, Jyrki S.; Kettunen, Lauri. |
The objective of this paper is to assess empirically the impacts of further reform of the Common Agricultural Policy (CAP) on the agri-food sector in Finland. To meet the objective, an econometric model for Finnish agriculture - built as a part of the AGMEMOD project - was utilised. The projection and policy simulations presented in the paper demonstrate that the model provides the basis for relatively straightforward baseline projection, and an initial framework for agricultural policy analysis. Yet, there remains substantial scope for further work on the model. In particular, the effects of big policy shocks are clearly not adequately captured by the model. The linear equations of supply together with low elasticities estimated from historical data... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Policy analysis; Econometric models; Finland; Commodity markets; Agricultural and Food Policy; C54; E17; Q18.. |
Ano: 2011 |
URL: http://purl.umn.edu/99367 |
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Nuppenau, Ernst-August. |
This paper deals with a control theory approach to stabilize cyclical price movements. Firstly, we pursue a welfare economist’s approach, delineating a public objective function derived from consumer and producer surplus as well as trade budget at world market price. Trade is a con¬trol variable and the market price is a state variable. Moreover we assume adaptive formation of price expectation at the producer side. Secondly the control problem is outline and solved by discrete control theory. Thirdly, the paper makes suggestions how to translate the optimal control framework and results into a trade policy of the envisaged country. Finally, limitations are discussed and an outlook for broadening the concept for international concerns is offered. |
Tipo: Presentation |
Palavras-chave: Dynamic control; Expectations; Cyclical prices; Stabilization policy; Risk and Uncertainty; C54; C61; F61.. |
Ano: 2012 |
URL: http://purl.umn.edu/122467 |
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Win, Heijman; Milic, Branislav B.; Bogdanov, Natalija. |
In the search for an adequate set of indicators to measure the level of pro-rural aspirations of Local Governments (LG), the main existing approaches to endogenous development have been examined. However, the conclusion must be that none of them seem to fit the needs completely. For this reason, a new index, the Municipal Rural-Sensitive Index (MRSI), has been developed, representing the base for the Rural Sensitive Evaluation Model (RSEM). The MRSI integrates the key features of the LEADER (Liaison Entre Actions de Développement Rural) philosophy, consisting of 41 rural-sensitive indicators, grouped into 3 categories and 7 sub-categories. The resulting MRSI scores allow a quick comparison between LGs, show changes over time and assists in establishing a... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Evaluation; Model; LEADER; Local Government; Agricultural and Food Policy; C52; C54; H11; O21; R58.. |
Ano: 2011 |
URL: http://purl.umn.edu/99417 |
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