Agricultural and Economy-Wide Effects of European Enlargement: Modelling the Common Agricultural Policy
نویسندگان
چکیده
The economic impact of extending the Common Agricultural Policy (CAP) to the Central and Eastern European countries has become a major issue in the European enlargement debate. This paper addresses this issue by providing an assessment of the economy-wide effects of European enlargement using a global general equilibrium model where special attention is given to modelling the instruments of the CAP and the European Unions budget. This paper differs from our earlier efforts as the analyses is now based on version 4 of the GTAP database with a more detailed agricultural commodity coverage. Furthermore the representation of the CAP and the Uruguay Round has been improved and the Agenda 2000 proposal is now explicitly dealt with.
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