Des effets de la libéralisation des marchés agricoles

François Facchini

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Abstract: This paper contributes to the debate on the effects of World Trade Organisation (WTO) negotiations on the liberalization of agricultural trade and the dismantling of the Common Agricultural Policy. Using a critical view on computable general equilibrium (CGE) models expressed by three French authors, it shows that agricultural markets are neither imperfect in terms of the theory of equilibrium, nor unstable, in terms of the French theory of Convention. It outlines the role of entrepreneurs, which economic theory has sometimes forgotten.

Keywords: equilibrium and market failure; expectation; instability; liberalization (search for similar items in EconPapers)
Date: 2006
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Published in Économie rurale, 2006, 292, pp.68-78. ⟨10.4000/economierurale.750⟩

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Working Paper: Des effets de la libéralisation des marchés agricoles (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01286774

DOI: 10.4000/economierurale.750

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