Welfare implications of EU enlargement under the CAP

Troy Schmitz, Christopher R. Giese, Clifford J. Shultz

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

The qualitative impacts of European Union (EU) enlargement on intervention prices, variable import levies, and export restitution payments for cereal under the Common Agricultural Policy (CAP) are analyzed using a partial equilibrium framework for EU cereal crops. The welfare implications are developed for both a net exporter and net importer. Consumer surplus, producer surplus, government revenue, and total welfare are compared and contrasted for the EU and the new entrant, both before and after enlargement.

Original languageEnglish (US)
Pages (from-to)555-562
Number of pages8
JournalCanadian Journal of Agricultural Economics
Volume56
Issue number4
DOIs
StatePublished - Dec 2008

Fingerprint

Common Agricultural Policy
European Union
cereal
consumer surplus
grain crops
imports
import
income
crop
European Union enlargement
Welfare implications
Cereals
Common agricultural policy
surplus
Enlargement
New entrants
Consumer surplus
Payment
Crops
Import

ASJC Scopus subject areas

  • Agronomy and Crop Science
  • Animal Science and Zoology
  • Economics and Econometrics
  • Ecology
  • Global and Planetary Change

Cite this

Welfare implications of EU enlargement under the CAP. / Schmitz, Troy; Giese, Christopher R.; Shultz, Clifford J.

In: Canadian Journal of Agricultural Economics, Vol. 56, No. 4, 12.2008, p. 555-562.

Research output: Contribution to journalArticle

Schmitz, Troy ; Giese, Christopher R. ; Shultz, Clifford J. / Welfare implications of EU enlargement under the CAP. In: Canadian Journal of Agricultural Economics. 2008 ; Vol. 56, No. 4. pp. 555-562.
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