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Removal of farm subsidies in a regional economy: a computable general equilibrium analysis

[Zeitschriftenartikel]

Miguel, Francisco Javier de; Manresa, Antonio

Zitationshinweis

Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):http://nbn-resolving.de/urn:nbn:de:0168-ssoar-240830

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Abstract The purpose of this paper is to analyse the importance of farm subsidies for the Extremadura economy. To this end, a computable general equilibrium model for this region is presented, with which we analyse the economic effects caused by a simulated removal of these subsidies. Different scenarios involving the labour market rigidities and tax compensation are considered. Model parameters are determined by the procedure known as calibration, using a social accounting matrix constructed for this economy. The results clearly show the negative effects that this elimination would produce on the main micro and macroeconomic variables.
Sprache Dokument Englisch
Publikationsjahr 2008
Seitenangabe S. 2109-2120
Zeitschriftentitel Applied Economics, 40 (2008) 16
DOI http://dx.doi.org/10.1080/00036840600949371
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
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