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EC Agricultural Policies and Their Contribution to Turbulence in Agriculture

Harald von Witzke

No 197319, 1987 Occasional Paper Series No. 4 from International Association of Agricultural Economists

Abstract: The Common Agncultural Policy (CAP) of the European Commumty (EC) has contributed considerably to turbulence in agriculture. In this paper, a model of the determinants of EC price policies is developed and tested empmcally. The results show that the annual decisions on agncultural pnces m the EC could be largely explained by past agricultural income growth and the actual development of EC budgetary expenditures. The paper concludes with a discussion of the contnbution of EC price policy dec1s1ons to domestic and mternatmnal turbulence in agriculture.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 4
Date: 1987
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo4:197319

DOI: 10.22004/ag.econ.197319

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