Policy Decisions Evaluation in Agriculture Employing Input-Output Techniques: The Case of Tobacco Sector Regime Reform

Efstratios Loizou, Konstadinos Mattas, Stelios Rozakis and Vangelis Tzouvelekas

No 234614, 89th Seminar, February 2-5, 2005, Parma, Italy from European Association of Agricultural Economists

Abstract: The evaluation of both direct and indirect effects of policy reforms are of primary interest in studies related to farm sector. This ex post evaluation is much more important for small regional economies depending on agriculture and rural activities for their prosperity. To that end, the present paper attempts to provide an empirical assessment of a hypothetical reform in the tobacco regime in Greece. Specifically, various scenarios on the basis of farm income decoupling are formed and empirically evaluated. For doing so an input-output approach combined with recent advances in goal programming modeling is employed. The analysis is carried out for both the national and the regional economy of Anatoliki Makedonia and Thraki highly specialized in tobacco cultivation. The empirical results indicate that both the national and the regional economy will suffer significant employment, output and income losses from the change in the policy regime towards farm income decoupling.

Keywords: Agricultural and Food Policy; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 22
Date: 2005-02-02
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae89:234614

DOI: 10.22004/ag.econ.234614

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