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%T Removal of farm subsidies in a regional economy: a computable general equilibrium analysis
%A Miguel, Francisco Javier de
%A Manresa, Antonio
%J Applied Economics
%N 16
%P 2109-2120
%V 40
%D 2008
%= 2011-04-01T03:52:00Z
%~ http://www.peerproject.eu/
%> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-240830
%X 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.
%G en
%9 journal article
%W GESIS - http://www.gesis.org
%~ SSOAR - http://www.ssoar.info