This paper derives an applied general political economy model incorporating a model of political decision-making into a computable general economic equilibrium model. Political decision-making among a set of legislators is modeled via a mean voter decision rule derived from a modified...

The paper presents a political economy analysis of the present and future CAP reform induced under different policy scenarios regarding future EU enlargement and future WTO agreements. Theoretically, the analysis is based on a political exchange model suggested by HENNING (2000). Main results...