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| Katranidis, Stelios D.; Velentzas, Kostas. |
| The model developed in this paper is applied to cotton seed and maize industries and examines the welfare implications of the Common Agricultural Policy (CAP) cotton and maize policy regimes in Greece, after its accession in the European Union (1981). The results of the quantitative analysis indicate that in both markets remarkable amounts have been transferred in favor of producers. Cotton farmers received, however, considerably higher amounts and their income protection levels rose faster than was the case for maize farmers. On the other hand, maize consumers have lost, in terms of economic welfare, during the whole period under consideration and particularly after the mid-80's. This was not the case for cotton seed consumers, since they were buying... |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 2000 |
URL: http://purl.umn.edu/26454 |
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| Katranidis, Stelios D.; Kotakou, Christina A.. |
| This paper examines the effects of decoupling policies on Greek cotton production. We estimate a system of cotton supply and input derived demand functions under the hypothesis that producers face uncertainty about prices. Using our estimation results we simulate the effects on cotton production under four alternative policy scenarios: the ‘Old’ CAP regime (i.e. the policy practiced until 2005), the Mid Term Review regime, a fully decoupled policy regime and a free trade-no policy scenario. Our results indicate that cotton production gradually decreases as more decoupled policies are adopted. Moreover, the fully decoupled payment is found to be non-production neutral since it indirectly affects producers’ decisions through the wealth effect. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: CAP; Decoupling; Uncertainty; Agricultural and Food Policy. |
| Ano: 2008 |
URL: http://purl.umn.edu/44184 |
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| Kotakou, Christina A.; Katranidis, Stelios D.. |
| This paper examines the effects of decoupling policies on Greek cotton production under the hypothesis that producers face uncertainty about output price and quantity. Using our estimation results we simulate the effects on cotton production under four alternative policy scenarios: the ‘Old’ CAP regime (i.e. the policy practiced until 2005), the Mid-Term Review regime, a fully decoupled policy regime and a free trade-no policy scenario. Our results indicate the decoupled payment will have two contradictious effects on risk aversion. Producers become less risk averse through the wealth effect but more risk averse because of the increased output variance. The overall result of these two effects depends on the degree of risk aversion by farmers. We found that... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Common Agricultural Policy; Decoupling; Uncertainty; Agricultural and Food Policy; D21; Q18. |
| Ano: 2010 |
URL: http://purl.umn.edu/91753 |
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