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How to Derive Market Impacts of the Luxembourg Agreement on the German Beef Market - A Synthetic Uniform Model versus an Econometric Country Specific Model AgEcon
Salamon, Petra.
The paper discusses two partial equilibrium models, one is a synthetic model (GAPsi) and the other an econometrically estimated model (AG-MEMOD). While the synthetic model incorporates only price impacts and some shifts, the econometric model also reflects other influencing factors. Price formation includes policy measures as price wedges, or as explaining variables in key price equations or price transmission equations, which is also true when premiums and decoupling are regarded. When the Luxembourg Agreement is simulated, our example of beef shows that these model differences induce deviations in model results, especially concerning prices and trade.
Tipo: Conference Paper or Presentation Palavras-chave: Partial equilibrium model; CAP; Luxembourg Agreement; Projections; Econometric estimation; Agricultural and Food Policy; Q11; Q18.
Ano: 2005 URL: http://purl.umn.edu/24570
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Effects of decoupling on land use: an EU wide, regionally differentiated analysis AgEcon
Britz, Wolfgang; Heckelei, Thomas; Perez Dominguez, Ignacio.
This paper presents a quantitative analysis of the impacts of the „Luxembourg Compromise” as compared to a continuation of Agenda 2000 to the year 2010. The employed new version of the CAPRI model allows us to represent the different member states’ implementations of the CAP reform and to reflect endogenous world market prices based upon a spatial global trade model. The specific contribution of the analysis is a detailed look at the impacts of national differences in the CAP implementation and regional production structures with respect to changes in land allocation. At EU level, cereal areas decrease by about 5% and oilseeds by about 3%. This is paralleled by increases in the set-aside acreage and extensive fodder production. However, significant...
Tipo: Journal Article Palavras-chave: Decoupling; Agricultural sector modelling; Luxembourg Agreement; Land allocation; Agricultural and Food Policy; Land Economics/Use.
Ano: 2006 URL: http://purl.umn.edu/97188
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