Modelling Regional Agricultural Output Adjustments in Scotland in Response to CAP Reform

Cesar Revoredo-Giha, Philip M.K. Leat and Catherine E. Milne

No 61111, Working Papers from Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group

Abstract: The purpose of the paper is to present an agricultural supply model for Scotland used to estimate regional changes in agricultural outputs due to the 2003 Common Agricultural Policy (CAP) reform. Supply functions were estimated for several farm types based on generalised trans-logarithmic multiproduct cost functions (Caves, Christensen and Tretheway, 1981). The data used for the estimation were an unbalanced panel dataset constructed using farm level data from the Scottish Government’s Farm Accounts Scheme (FAS) survey. Using the estimated supply adjustments, individual farm level responses to subsidy and price changes were aggregated using agricultural census weights to estimate the output changes for different regions

Keywords: Agribusiness; Farm Management (search for similar items in EconPapers)
Pages: 16
Date: 2008
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Citations: View citations in EconPapers (1)

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Working Paper: Modelling Regional Agricultural Output Adjustments in Scotland in Response to CAP Reform (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:srlewp:61111

DOI: 10.22004/ag.econ.61111

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