Witzke, Heinz Peter; Tonini, Axel - In: German Journal of Agricultural Economics 58 (2009) 5/6
SIMulation (CAPSIM) model. This comparative-static, partial equilibrium modelling tool covering the whole of agriculture for all … EU member states has been disaggregated to represent nine secondary dairy products. Impacts are compared to a reference … for 2020. Key results are that milk production would increase by 3.0% in EU-27 whereas milk prices would drop by 7.2%. The …