The paper presents a political economy analysis of the present and future CAP reform induced under different policy scenarios regarding future EU enlargement and future WTO agreements. Theoretically, the analysis is based on a political exchange model suggested by HENNING (2000). Main results...

Abstract—This paper studies the role of political institutions in determining the political success of agriculture in avoiding taxation or attracting government transfers in developing and industrialized countries, respectively. The model is based on a probabilistic voting environment, where...

This paper derives an applied general political economy model incorporating a model of political decision-making into a computable general economic equilibrium model. Political decision-making among a set of legislators is modeled via a mean voter decision rule derived from a modified...

We analyse the evolving pattern of Hungary's agri-food trade using recently developed empirical procedures based on the classic Balassa index and its symmetric transformation. The extent of trade specialisation exhibits a declining trend; Hungary lost comparative advantage for a number of product...