A great deal of attention is currently being paid to the discussion of the reform of global agricultural trade. In this paper, the effects of the revised Harbinson paper (March 2003) are analysed with an extensively extended GTAP model. With the help of a base run, projections are implemented in the form of economic developments as well as already enacted EU policy reforms and measures (Agenda 2000, Mid-Term Review, EU enlargement, EBA agreement) from 1997 to 2014. The base run is compared with a scenario simulating the Doha Round of the WTO based on the revised draft of the Harbinson proposal. The difference between the base run and the model scenario provides information on the effects on EU trade and budget. The revised Harbinson paper leads to a... |