Articles
ESTIMATING THE PROSPECTIVE EFFECTS OF THE EEC-ENLARGEMENT – CONCEPT AND METHOD
Article number
155_9
Pages
57 – 60
Language
Abstract
The Institutes for Horticultural Economics has conducted a comprehensive study on the prospective effects of the EEC-enlargement on the international market equilibrium for a range of eighteen Mediterranean products.
Partial results are presented in two other papers on this symposium.
The investigations have been done in two major steps: (1) Status-quo-projections of supply, demand and prices to "1990". (2) Model calculations to estimate the "enlargement effect" on equilibrium prices and quantities.
Independent variables of the comparative static model are: supply, demand and price (index) in each country/region, price elasticities of supply and demand (assuming functions with constant elasticities) and policy parameters.
Dependent variables are: New equilibrium prices and quantities and intervention quantities.
The market data has been differentiated by season as far as possible and useful.
Partial results are presented in two other papers on this symposium.
The investigations have been done in two major steps: (1) Status-quo-projections of supply, demand and prices to "1990". (2) Model calculations to estimate the "enlargement effect" on equilibrium prices and quantities.
Independent variables of the comparative static model are: supply, demand and price (index) in each country/region, price elasticities of supply and demand (assuming functions with constant elasticities) and policy parameters.
Dependent variables are: New equilibrium prices and quantities and intervention quantities.
The market data has been differentiated by season as far as possible and useful.
Publication
Authors
R.v. Alvensleben, H.-Chr. Behr, H.-H. Jahn
Keywords
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