The Common Agricultural Policy (CAP) of the EU does not currently meet the different needs of diverse agricultural conditions of different member countries in a just and equal way. To meet this challenge has become inevitably more difficult as new and diverse Central and Eastern European countries have entered the Community. Several commentators and economists have thus suggested that a renatio...

This paper examines the political economy of coordination in a simple two-sector model in which individuals’ choice of agricultural technology affects industrialization. We show that multiple equilibria exist such that the economy is either characterized by the use of a traditional agricultural technology and low industrialization or the use of a mechanized technology and high industrialization...

This paper combines agent-based modeling of structural change with agricultural policy analysis. Using the agent-based model AgriPoliS, we investigate the impact of a regime switch in agricultural policy on structural change under various framework conditions. Instead of first doing a sensitivity analysis to analyze the properties of our model and then examining the introduced policy in an isol...