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The Common Agricultural Policy (hereinafter – CAP) direct payment scheme has contributed to structural change in Lithuanian agriculture. In particular, it has influenced farmers' behaviour by making them reconsider their participation in agricultural production, leading to farm exits or...
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a large exporter. This has greatly altered world agricultural markets, imposing substantial costs on the EU itself and … efficient agricultural exporters in the rest of the world. We show how the CAP has affected world agricultural markets and …
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In this paper we develop a partial equilibrium model for agricultural sector to assess the impact of CEE integration with the EU on welfare and income distribution of agricultural factors. The modelling framework is based on the concept of market imperfections and transaction costs. We perform...
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