Reform of the Common Agricultural Policy

Alec Cairncross, Herbert Giersch, Alexandre Lamfalussy, Giuseppe Petrilli and Pierre Uri

Chapter 4 in Economic Policy for the European Community, 1974, pp 91-115 from Palgrave Macmillan

Abstract: Abstract Agriculture is probably the best example of a sector affected by the problems of ‘growing maturity’. An unfavourable income elasticity of demand for many farm commodities has meant over the years a deterioration in agriculture’s terms of trade as compared with manufacturing industry’s terms of trade.1

Keywords: European Community; Agricultural Policy; Relative Prex; Common Agricultural Policy; Rural Poverty (search for similar items in EconPapers)
Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02407-0_4

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DOI: 10.1007/978-1-349-02407-0_4

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