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This paper derives an applied general political economy model incorporating a model of political decision-making into a computable general economic equilibrium model. Political decision-making among a set of legislators is modeled via a mean voter decision rule derived from a modified...
Persistent link: https://www.econbiz.de/10008802598
The paper presents a political economy analysis of the present and future CAP reform induced under different policy scenarios regarding future EU enlargement and future WTO agreements. Theoretically, the analysis is based on a political exchange model suggested by HENNING (2000). Main results...
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Recently the importance of a comprehensive policy evaluation has been increasingly recognized by international organizations, e.g. the World Bank, OECD and FAO as well as especially by the EU. In particular, for agricultural policies of the second pillar a comprehensive evaluation is obligatory....
Persistent link: https://www.econbiz.de/10008802705
The impact of political institutions, e.g. the organization of legislature, election and party systems, on agricultural protection has hardly been taken into account explicitly in theoretical and empirical studies, yet. In this framework the paper investigates to what extent political...
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