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• W1573764205 abstract "The aim of this paper is to develop a theoretical framework to analyse regional welfare effects of EU's Common Agricultural Policy. Given the mix of agricultural policy measures on the one hand and the differences in the agricultural production structure on the other hand the question how regions are affected is crucial for analysing the overall welfare effects arising from the CAP. For this reason the composition of transfers, the program design and the financing of the measures are on the focus of this paper for regions in the federal state of Hesse, Germany. The analysis wants to contribute to the relevant literature in a twofold way. Firstly, the federal structure of Germany is taken into account explicitly. This has important aspects in regard to the different co-financing rules as well as to the financing of the measures or funds. Secondly, much smaller regions - the Hessian communities - are considered in this study to obtain exact welfare effects at the regional level. The theoretical framework of this study shows that for rural regions the overall CAP generates positive welfare effects while it generates negative effects for urban regions. In order to compute welfare effects at the regional level arising from the CAP it is necessary to consider the financial organization of the EU's agricultural policy - especially with the different co-financing rules for second pillar programs - as well as national tax systems of the member states for the financing side. In the seminal work by Koester (1977) a general framework to measure welfare economic effects of the CAP at the national level was developed. His model is a starting point for the underlying analysis in determining regional welfare effects." @default.
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• W1573764205 date "2008-01-01" @default.
• W1573764205 modified "2023-10-16" @default.
• W1573764205 title "Regional Welfare Effects of the Common Agricultural Policy" @default.
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