TY - JOUR
T1 - Ex-Ante Analysis of the Regional Impacts of the Common Agricultural Policy
T2 - A Rural-Urban Recursive Dynamic CGE Model Approach
AU - Espinosa, Maria
AU - Psaltopoulos, Demetrios
AU - Santini, Fabien
AU - Phimister, Euan
AU - Roberts, Deborah
AU - Mary, Sebastien
AU - Ratinger, Tomas
AU - Skuras, Dimitris
AU - Balamou, Eudokia
AU - Cardenete, Manuel A.
AU - Gomez y Paloma, Sergio
PY - 2014
Y1 - 2014
N2 - A recursive dynamic regional Computable General Equilibrium model is developed to assess the economic impacts of two Common Agricultural Policy (CAP) scenarios in six NUTS-3 (Nomenclature of Territorial Units for Statistics) (NUTS-1: major socio-economic regions, NUTS-2: basic regions for the application of regional policies, NUTS-3: small regions for specific diagnoses) regions of the European Union (EU). The main goal of the analysis is to assess the scenario effects (change in production, prices, income, employment) in the rural and urban parts of these regions as well as on the different sectors. The two scenarios analysed are related to a 30% reduction in Pillar 1 (market measures and direct support to farmers) support and the introduction of an EU-wide flat rate level of Pillar 1 support complemented by a 45% increase in Pillar 2 (Rural Development Policy) funds. Results show that the overall gross domestic product effects are not significant, due to the relatively low importance of both the agricultural sector and CAP spending in the regional economies. However, impacts on the agricultural sector are quite important and differ according to the nature of the policy shock. Also, the structural characteristics of each case study influence the rural-urban and sectoral spillovers, including impacts on region-specific agricultural activity.
AB - A recursive dynamic regional Computable General Equilibrium model is developed to assess the economic impacts of two Common Agricultural Policy (CAP) scenarios in six NUTS-3 (Nomenclature of Territorial Units for Statistics) (NUTS-1: major socio-economic regions, NUTS-2: basic regions for the application of regional policies, NUTS-3: small regions for specific diagnoses) regions of the European Union (EU). The main goal of the analysis is to assess the scenario effects (change in production, prices, income, employment) in the rural and urban parts of these regions as well as on the different sectors. The two scenarios analysed are related to a 30% reduction in Pillar 1 (market measures and direct support to farmers) support and the introduction of an EU-wide flat rate level of Pillar 1 support complemented by a 45% increase in Pillar 2 (Rural Development Policy) funds. Results show that the overall gross domestic product effects are not significant, due to the relatively low importance of both the agricultural sector and CAP spending in the regional economies. However, impacts on the agricultural sector are quite important and differ according to the nature of the policy shock. Also, the structural characteristics of each case study influence the rural-urban and sectoral spillovers, including impacts on region-specific agricultural activity.
UR - http://www.scopus.com/inward/record.url?scp=84903538525&partnerID=8YFLogxK
U2 - 10.1080/09654313.2013.786683
DO - 10.1080/09654313.2013.786683
M3 - Article
AN - SCOPUS:84903538525
SN - 0965-4313
VL - 22
SP - 1342
EP - 1367
JO - European Planning Studies
JF - European Planning Studies
IS - 7
ER -