Economic Impacts of Adopting the Common Agricultural Policy of the European Union

• 영문명: Economic Impacts of Adopting the Common Agricultural Policy of the European Union: A CGE Approach to the Case of Romania
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Serban Scrieciu
• 간행물 정보: 『Journal of Economic Integration』제22권 제2호, 407~438쪽, 전체 32쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2007.06.30

영문 초록

This paper evaluates potential economic impacts of incorporating Romania into EU`s Common Agricultural Policy. A CGE model of Romania is employed to model likely changes in trade, production and welfare patterns with a focus on fifteen local agro-food activities. Three main findings emerge. First, the adoption of the CAP expands agro-food output and trade, promotes higher farm incomes, and increases economic welfare. Second, CAP application results in production specialisation effects, particularly for sugar and sugar beet, bovine meat products, ruminant live animals, dairies, and cereal grains. Third, the identified impacts are driven by changes in trade-related measures, particularly enhanced access to EU markets, and less by alterations in production-related domestic support. The paper concludes that EU accession and CAP adoption may bring potentially realisable growth in Romania`s agro-food sector, though in practice this will depend on producers` ability to respond to the supply incentives being offered.

목차

Ⅰ. Introduction

Ⅱ. Brief History of CAP Reforms

Ⅲ. The Application of the CAP to EU Enlargement

Ⅳ. Literature and Context

Ⅴ. The CGE Model for Romania

Ⅵ. CGE Estimates

Ⅶ. Concluding Remarks

키워드

EU Eastern enlargement Common Agricultural Policy CGE model Romania