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| Fuller, Frank H.; Beghin, John C.; Mohanty, Samarendu; Fabiosa, Jacinto F.; Fang, Cheng; Kaus, Phillip J.. |
| Using a world agricultural model, we analyze the impact on dairy markets of the Berlin Accord on the European Union (EU) Common Agricultural Policy (CAP) Reforms. We also investigate the consequences of enlargement of the EU to include the Czech Republic, Hungary, and Poland for the same markets. We produce a market outlook up to 2010 for these two scenarios. The Berlin Accord induces lower EU milk and dairy prices. A change in relative prices between cheese and butter-skim milk powder (SMP) occurs after 2005 and induces an expansion of cheese production, consumption, and exports at the expense of the butter-SMP sector. Accession of the three Central and Eastern European countries (CEECs) leads to a permanent but moderate decrease in EU prices of milk and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Berlin Accord; Common Agricultural Policy; Dairy markets; European Union enlargement; International Relations/Trade; Livestock Production/Industries. |
| Ano: 1999 |
URL: http://purl.umn.edu/18332 |
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