Sinabell, Franz; Schmid, Erwin - In: Austrian Economic Quarterly 8 (2003) 3, pp. 84-101
On the 26th of June 2003 an agreement was reached by farm ministers to reform the Common Agricultural Policy of the EU. Decoupling direct payments from farm output and the reduction of administrative prices are core elements of this reform. The goals of the reform are less output of cereals,...