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This paper aims at evaluating the impact of the 2003/2005 CAP reform on farm production choices. The outcome of "market orientation" is measured by considering both the short-term production choices and the long-term investment decisions. The Treatment Effect (TE) is estimated through...
Persistent link: https://www.econbiz.de/10010878452
This paper aims to summarize some of the major results emerging from simulating the impact of the CAP reform (the so-called Fischler Reform or Luxembourg Agreement, LA) within the AG-MEMOD model of the agri-food sector in Italy. The paper shows in detail how the model generates impacts when...
Persistent link: https://www.econbiz.de/10005102209