Post-Communist Economies · 2007 · 15 citations · 0 references
AgricultureAgricultural EconomicsEconomicsAgricultural PolicyEconomic DevelopmentMacroeconomicsAgricultural Household EconomicsAgricultural MarketsAgricultural Policy AnalysisAgricultural Production EconomicsEuropean EconomicsLivestock EconomicsDairy Production EconomicsFarm Policy AnalysisMilk EconomyMulti-product ProductionPolicy Effects On Agricultural PricesPolicy EnvironmentPolitical Economy Of Agriculture
This article analyses markets, income and agricultural policy changes in Bulgaria after its accession to the EU. A country AG-MEMOD model, consisting of 18 commodities organised in four sub-models (crops, livestock, milk & dairy and a link between crops and livestock) is applied. The model is an econometric, dynamic, partial-equilibrium and multi-product one. In order to examine the policy environment in Bulgaria, two scenarios are designed: baseline or non-accession (N-Ac) and accession (Ac). The accession scenario should have a very positive effect on the crop sector in Bulgaria, whereas the effect is the opposite on the livestock sector. The most remarkable results come from the milk sector. The effect on income is also positive, despite the pessimistic macroeconomic projections.