Advertisement

Model Structure and Parameterisation

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

Abstract

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.

Keywords

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

References

  1. Balkhausen O, Banse M, Grethe H (2008) Modelling CAP decoupling in the EU: a comparison of selected simulation models and results. J Agr Econ 59:57–71Google Scholar
  2. Chantreuil F, Hanrahan KF, Levert F (2005) The Luxembourg agreement reform of the CAP: an analysis using the AG-MEMOD composite model. In: Arfini F (ed) Proceedings of the 89th EAAE seminar “Modelling agricultural policies: state of the art and new challenges”. Monte Università Parma, ParmaGoogle Scholar
  3. Chantreuil F, Donnellan T, Van Leeuwen M, Salamon P, Tabeau A, Bartova L (2008) EU Dairy quota reform – AGMEMOD scenario analysis. Paper presented at the 12th Congress of European Association of Agricultural Economists, Ghent, Belgium, 26–29 Aug 2008Google Scholar
  4. Enders W (2009) Applied econometric time series, 3rd edn. Wiley, New YorkGoogle Scholar
  5. Gohin A (2006) Assessing CAP reform: sensitivity of modelling decoupled policies. J Agr Econ 57(3):415–440CrossRefGoogle Scholar
  6. Greene WH (2007) Econometric analysis, 6th edn. Prentice Hall, Upper Saddle RiverGoogle Scholar
  7. Hanrahan KF (2001) EU GOLD model manual. Mimeo Rural Economy Research Centre, Teagasc, DublinGoogle Scholar
  8. OECD (2006) Decoupling agricultural support from production. Policy Brief, OECD, Paris. Available via http://www.oecd.org/dataoecd/5/54/37726496.pdf. Cited 21 June 2011
  9. OECD (2008) OECD-FAO Agricultural Outlook 2008–2017. OECD and FAO. OECD Publishing, Paris Google Scholar
  10. Réquillart V, Bouamra-Mechemache Z, Jongeneel R, Penel C (2008) Economic analysis of the effects of the expiry of the EU milk quota system. Report prepared for the European Commission, IDEI, ToulouseGoogle Scholar
  11. Riordan B (2005) Building local knowledge into EU agri food projections: experiences of a fifth framework co-ordinator. EuroChoices 4(1):32–37CrossRefGoogle Scholar
  12. Rude J (2008) Production effects of the European Union’s single farm payment. Can J Agr Econ 56(4):457–471CrossRefGoogle Scholar
  13. Salputra G, Chantreuil F, Hanrahan KF, Donnellan T, van Leeuwen M, Erjavec E (2011) Policy harmonized approach for the EU agricultural sector modelling. Agr Food Sci 20(2):119–130Google Scholar
  14. Stock JH, Watson MW (2010) Introduction to econometrics, 3rd edn. Addison-Wesley, ReadingGoogle Scholar
  15. Van Tongeren FW, Meijl H, Surry Y (2001) Global models applied to agricultural and trade policies: a review and assessment. Agr Econ 26(2):149–172Google Scholar

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

Personalised recommendations