Removal of farm subsidies in a regional economy: a computable general equilibrium analysis

Journal article | Zeitschriftenartikel

The purpose of this paper is to analyse the importance of farm subsidies for the Extremadura economy. To this end, a computable general equilibrium model for this region is presented, with which we analyse the economic effects caused by a simulated removal of these subsidies. Different scenarios involving the labour market rigidities and tax compensation are considered. Model parameters are determined by the procedure known as calibration, using a social accounting matrix constructed for this economy. The results clearly show the negative effects that this elimination would produce on the main micro and macroeconomic variables.

Object Details

• Extent: Seite(n): 2109-2120
• Language: Englisch
• Notes: Status: Postprint; begutachtet (peer reviewed)

References and Relationships

• Bibliographic citation: Applied Economics, 40(16)

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Miguel, Francisco Javier de ; Manresa, Antonio
• Event: Veröffentlichung
• (when): 2008

Further information

• DOI: https://doi.org/10.1080/00036840600949371
• URN: urn:nbn:de:0168-ssoar-240830
• Rights: GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
• Last update: 21.06.2024, 4:27 PM CEST