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 … environmental consequences of this policy reform. An agricultural sector model using a modified version of the positive mathematical … that the 2003 CAP reform will not only reduce average cost of production, but may also improve environmental conditions …