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This article assesses the implications of the EU Biofuels Directive (BFD) using a computable general equilibrium framework with endogenous land supply. The results show that, without policy intervention to stimulate the use of biofuel crops, the targets of the BFD will not be met. With the BFD,...
Persistent link: https://www.econbiz.de/10005569780
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The implications of integration between Western and Central- European agriculture depend on future market trends in Central Europe. Since the reforms began in Central Europe, agricultural output has declined. The decline has often been attributed to de-subsidisation of agriculture. However, it...
Persistent link: https://www.econbiz.de/10005743764
The Uruguay Round Agreement on Agriculture has fundamentally changed the rules for international agricultural trade, and established quantitative constraints for agricultural policies of all WTO members. Although countries have tried to escape the new disciplines here and there, overall there...
Persistent link: https://www.econbiz.de/10005447297