Bibtex export
@article{ Miguel2008, title = {Removal of farm subsidies in a regional economy: a computable general equilibrium analysis}, author = {Miguel, Francisco Javier de and Manresa, Antonio}, journal = {Applied Economics}, number = {16}, pages = {2109-2120}, volume = {40}, year = {2008}, doi = {https://doi.org/10.1080/00036840600949371}, urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-240830}, 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.}, }