Model Structure and Parameterisation

  • Roberto Esposti
  • Guna Salputra
  • Frédéric Chantreuil
  • Kevin F. Hanrahan
  • Petra Salamon
  • Andrzej Tabeau


This chapter provides a general description of the AGMEMOD model’s structure including its country and commodity coverage. We present the general form of a PE model and the AGMEMOD general form with specific examples of crops, livestock and dairy. Important features associated with the treatment of policy within the model are highlighted, in particular, market price support, direct payments and supply control. We describe how policy harmonisation addresses the incorporation of the diverse range of direct income supports and discuss the concept of key price and key price equations. The introduction of border protection and export competition measures in the model is also discussed.


Partial equilibrium model AGMEMOD general form Model ­specification Model estimation Model closure Price formation Policy harmonisation 


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Copyright information

© Springer Science +Business Media B.V. 2012

Authors and Affiliations

  • Roberto Esposti
    • 1
  • Guna Salputra
    • 2
  • Frédéric Chantreuil
    • 3
  • Kevin F. Hanrahan
    • 4
  • Petra Salamon
    • 5
  • Andrzej Tabeau
    • 6
  1. 1.Department of EconomicsUniversità Politecnica delle MarcheAnconaItaly
  2. 2.Latvia State Institute of Agrarian EconomicsRigaLatvia
  3. 3.UFR Sciences Economiques et GestionUniversité de Caen Basse NormandieCaen CedexFrance
  4. 4.Rural Economy Research CentreTeagascCo GalwayIreland
  5. 5.Johann Heinrich von Thünen-Institute (vTI)BrunswickGermany
  6. 6.LEI Wageningen URThe HagueThe Netherlands

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