Abstract
This chapter provides a general description of the AGMEMOD model’s structure including its country and commodity coverage. We present the general form of a PE model and the AGMEMOD general form with specific examples of crops, livestock and dairy. Important features associated with the treatment of policy within the model are highlighted, in particular, market price support, direct payments and supply control. We describe how policy harmonisation addresses the incorporation of the diverse range of direct income supports and discuss the concept of key price and key price equations. The introduction of border protection and export competition measures in the model is also discussed.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Balkhausen O, Banse M, Grethe H (2008) Modelling CAP decoupling in the EU: a comparison of selected simulation models and results. J Agr Econ 59:57–71
Chantreuil F, Hanrahan KF, Levert F (2005) The Luxembourg agreement reform of the CAP: an analysis using the AG-MEMOD composite model. In: Arfini F (ed) Proceedings of the 89th EAAE seminar “Modelling agricultural policies: state of the art and new challenges”. Monte Università Parma, Parma
Chantreuil F, Donnellan T, Van Leeuwen M, Salamon P, Tabeau A, Bartova L (2008) EU Dairy quota reform – AGMEMOD scenario analysis. Paper presented at the 12th Congress of European Association of Agricultural Economists, Ghent, Belgium, 26–29 Aug 2008
Enders W (2009) Applied econometric time series, 3rd edn. Wiley, New York
Gohin A (2006) Assessing CAP reform: sensitivity of modelling decoupled policies. J Agr Econ 57(3):415–440
Greene WH (2007) Econometric analysis, 6th edn. Prentice Hall, Upper Saddle River
Hanrahan KF (2001) EU GOLD model manual. Mimeo Rural Economy Research Centre, Teagasc, Dublin
OECD (2006) Decoupling agricultural support from production. Policy Brief, OECD, Paris. Available via http://www.oecd.org/dataoecd/5/54/37726496.pdf. Cited 21 June 2011
OECD (2008) OECD-FAO Agricultural Outlook 2008–2017. OECD and FAO. OECD Publishing, Paris
Réquillart V, Bouamra-Mechemache Z, Jongeneel R, Penel C (2008) Economic analysis of the effects of the expiry of the EU milk quota system. Report prepared for the European Commission, IDEI, Toulouse
Riordan B (2005) Building local knowledge into EU agri food projections: experiences of a fifth framework co-ordinator. EuroChoices 4(1):32–37
Rude J (2008) Production effects of the European Union’s single farm payment. Can J Agr Econ 56(4):457–471
Salputra G, Chantreuil F, Hanrahan KF, Donnellan T, van Leeuwen M, Erjavec E (2011) Policy harmonized approach for the EU agricultural sector modelling. Agr Food Sci 20(2):119–130
Stock JH, Watson MW (2010) Introduction to econometrics, 3rd edn. Addison-Wesley, Reading
Van Tongeren FW, Meijl H, Surry Y (2001) Global models applied to agricultural and trade policies: a review and assessment. Agr Econ 26(2):149–172
Author information
Authors and Affiliations
Corresponding authors
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2012 Springer Science +Business Media B.V.
About this chapter
Cite this chapter
Esposti, R., Salputra, G., Chantreuil, F., Hanrahan, K.F., Salamon, P., Tabeau, A. (2012). Model Structure and Parameterisation. In: Chantreuil, F., Hanrahan, K., van Leeuwen, M. (eds) The Future of EU Agricultural Markets by AGMEMOD. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-2291-0_2
Download citation
DOI: https://doi.org/10.1007/978-94-007-2291-0_2
Published:
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-007-2290-3
Online ISBN: 978-94-007-2291-0
eBook Packages: Business and EconomicsEconomics and Finance (R0)