publication . Preprint . 2005

Ten Years After - Welfare Effects of the Application of the CAP in Austria, Finland and Sweden

Niemi, Jyrki S.; Fahlbeck, Erik; Hofreither, Markus F.;
Open Access
  • Published: 01 Jan 2005
Ten years ago, Austria, Finland, and Sweden joined the EU. The application of the Common Agricultural Policy (CAP) caused major repercussions on the agricultural sectors of the entering countries. This article analyses the welfare effects of accession to the EU on the agricultural markets in Austria, Finland and Sweden in a simple supply and demand framework, which is kept strictly identical across all three countries. The quantitative results of the study are derived by using standard partial equilibrium comparative static analysis in the Marshallian economic surplus framework. Using this method, the welfare effects are calculated for eight major cereal and liv...
free text keywords: integration, EU, CAP, Austria, Finland, Sweden, welfare analysis, International Relations/Trade, Q11, Q17,

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