Hofreither, Markus F.; Schmid, Erwin; Sinabell, Franz - 2004
2003 Common Agricultural Policy (CAP) reform is to decouple income support from production. This paper estimates the … that the 2003 CAP reform will not only reduce average cost of production, but may also improve environmental conditions … regarding soil, water, and greenhouse gases. Thus, this reform is likely to bring about outcomes which the previous CAP …