This study analyzes the impact of the Mid-Term Review (MTR) on the agricultural sector in Schleswig-Holstein, a federal state in Germany. First, a very detailed farm group linear programming model is built to quantify the effects on agricultural production and farm incomes. The production...

Many statistical analyses are based on models containing systems of structurally related equations. In cases where cross-equation disturbances are correlated, full information methods are required (Zellner, 1962). If exogenous variables are stochastically dependent on the disturbances in the...

In many countries the state heavily intervenes in the agricultural sector. For instance, domestic prices of agricultural products are regulated by import quotas, export subsidies and intervention prices. Furthermore, coupled or decoupled payments as well as several other subsidies (e.g. for...