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Agenda 2000 reform of the CAP and its impacts on member member States: A note

Lookup NU author(s): Dr George Philippidis, Dr Lionel Hubbard

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Abstract

We evaluate the Agenda 2000 reform of the CAP for each of the 15 member states of the EU, accounting for general equilibrium effects and bilateral trade links. Results reflect the impacts in 2008 projected from a 1997 database. In most member states, output of crops falls and there is a switch in the use of arable land from oilseeds to cereals. Output of cattle also falls, but that of milk, pigs and poultry increases. Total farm income falls in 11 member states, although livestock producers throughout the EU gain. Consumer price indices fall everywhere. In terms of GDP, Luxembourg, Finland, Ireland and Portugal gain the most; Germany, Greece and the UK gain the least; and Spain loses. The net budgetary cost to the EU of the reform package is estimated to be an additional ε3,203 million. Thus, further cuts in support are of paramount importance if the EU is to be prepared for the accession of new members.

Publication metadata

Author(s): Philippidis G, Hubbard LJ

Publication type: Article

Publication status: Published

Journal: Journal of Agricultural Economics

Year: 2003

Volume: 54

Issue: 3

Pages: 479-486

Print publication date: 01/11/2003

ISSN (print): 0021-857X

ISSN (electronic): 1477-9552

Publisher: Wiley-Blackwell Publishing

URL: http://dx.doi.org/10.1111/j.1477-9552.2003.tb00073.x

DOI: 10.1111/j.1477-9552.2003.tb00073.x

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