Evaluating Implications of Agricultural Policies in a Rural Region through a CGE Analysis

Andrea Bonfiglio
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Andrea Bonfiglio: [n.a.]

No 328, Working Papers from Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali

Abstract: This paper aims to analyse economic and social effects produced by changes in agricultural policy on an Italian "significantly rural" region, the Marche region. To this aim, a regional CGE model based on a 2004 SAM, constructed for this purpose, has been applied. Two policy scenarios have been analysed: total removal of price support and full decoupling. Results suggest that price support has indeed sustained agricultural output but has limited growth potentialities of the region. Moreover, it turned out that decoupling partly removes obstacles to a higher allocative efficiency and favours an improvement in income distribution.

Keywords: Common Agricultural Policy; Social Accounting Matrix; policy impact; regional CGE model (search for similar items in EconPapers)
JEL-codes: C63 C68 O18 Q18 (search for similar items in EconPapers)
Pages: 27
Date: 2008-12
New Economics Papers: this item is included in nep-agr, nep-cmp and nep-geo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:anc:wpaper:328

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