Modelling the Outcomes of CAP Reform
Preceding and just following the 1992 Common Agricultural Policy (CAP) reform, there were numerous analyses by modellers on both sides of the Atlantic. Information provided by these analysts was of interest to decision-makers and industry groups in the European Union (EU) as well as to those in the United States, Canada, Australia and others that expected to see significant impacts of these changes on their agricultural markets. Policy-makers in Europe and elsewhere expected significant impacts of these policy reforms, but quantification of the impacts could be useful in evaluating the direction and magnitude of the changes.
KeywordsEuropean Union Baseline Scenario Common Agricultural Policy North American Free Trade Agreement Rapeseed Meal
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