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Principles of the EC Dairy Model

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  • Oskam, Arie

Abstract

The EC dairy model was developed to simulate the long-term effects of various dairy policies. Its basic elements are a supply section, a demand section, and balance equations. It pays special attention to the aggregation of the different dairy products. The model is intended to examine questions arising during policy-making. After explaining its principles, its predictions of the effects of eleven policy aspects are evaluated. Economic measures receive most attention. Data and parameters are discussed, as is a simulation of long-term policy effects of four alternative policies over the period 1984-2000. Copyright 1989 by Oxford University Press.

Suggested Citation

  • Oskam, Arie, 1989. "Principles of the EC Dairy Model," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 16(4), pages 463-497.
    • Handle: RePEc:oup:erevae:v:16:y:1989:i:4:p:463-97
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    Cited by:

    1. Zohra Bouamra‐Mechemache & Jean‐Paul Chavas & Tom Cox & Vincent Réquillart, 2002. "EU Dairy Policy Reform and Future WTO Negotiations: a Spatial Equilibrium Analysis," Journal of Agricultural Economics, Wiley Blackwell, vol. 53(2), pages 233-257, July.
    2. Bouamra-Mechemache, Z. & Chavas, J.P. & Cox, T. & Réquillart, V., 2001. "Price discrimination and EU dairy policy : an economic evaluation of policy options," Economics Working Paper Archive (Toulouse) 23, French Institute for Agronomy Research (INRA), Economics Laboratory in Toulouse (ESR Toulouse).
    3. Grams, M. & Schwarz, G., 2003. "Konsequenzen verschiedener Szenarien der EU-Agrarpolitik unter Berücksichtigung von Nachfrageschocks und Unsicherheit auf dem Milchmarkt," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 38.
    4. Joost M. E. Pennings & Matthew T. G. Meulenberg, 1998. "New Futures Markets in Agricultural Production Rights: Possibilities and Constraints for the British and Dutch Milk Quota Markets," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(1), pages 50-66, March.
    5. Joost Pennings & Willem Heijman & Matthew Meulenberg, 1997. "The Dimensions of Rights: A Classification of Environmental Rights and Production Rights," European Journal of Law and Economics, Springer, vol. 4(1), pages 55-72, January.

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