Attributes | Values |
---|
rdf:type
| |
Description
| - The objective of this paper is to quantify the impact of selected scenarios of a Common Agricultural Policy (CAP) budget reduction on the macroeconomic equilibrium of the Czech economy. A dynamic general equilibrium model of the Czech Republic is applied to test three scenarios dealing with the removal of subsidies in the 1st and 2nd CAP pillars, considering two budget compensation options. The findings show that in the short term, a reduction in direct payments (1st pillar) is more harmful for the economy than the removal of investment subsidies (2nd pillar); this is completely reversed in the long term, in which the removal of investment subsidies leads to a considerably stronger decline in economic growth.
- The objective of this paper is to quantify the impact of selected scenarios of a Common Agricultural Policy (CAP) budget reduction on the macroeconomic equilibrium of the Czech economy. A dynamic general equilibrium model of the Czech Republic is applied to test three scenarios dealing with the removal of subsidies in the 1st and 2nd CAP pillars, considering two budget compensation options. The findings show that in the short term, a reduction in direct payments (1st pillar) is more harmful for the economy than the removal of investment subsidies (2nd pillar); this is completely reversed in the long term, in which the removal of investment subsidies leads to a considerably stronger decline in economic growth. (en)
|
Title
| - Macroeconomic Consequences of a Common Agricultural Policy Budget Reduction for the Czech Economy - a General Equilibrium Approach
- Macroeconomic Consequences of a Common Agricultural Policy Budget Reduction for the Czech Economy - a General Equilibrium Approach (en)
|
skos:prefLabel
| - Macroeconomic Consequences of a Common Agricultural Policy Budget Reduction for the Czech Economy - a General Equilibrium Approach
- Macroeconomic Consequences of a Common Agricultural Policy Budget Reduction for the Czech Economy - a General Equilibrium Approach (en)
|
skos:notation
| - RIV/60460709:41110/11:52487!RIV12-MSM-41110___
|
http://linked.open...avai/riv/aktivita
| |
http://linked.open...avai/riv/aktivity
| |
http://linked.open...iv/cisloPeriodika
| |
http://linked.open...vai/riv/dodaniDat
| |
http://linked.open...aciTvurceVysledku
| |
http://linked.open.../riv/druhVysledku
| |
http://linked.open...iv/duvernostUdaju
| |
http://linked.open...titaPredkladatele
| |
http://linked.open...dnocenehoVysledku
| |
http://linked.open...ai/riv/idVysledku
| - RIV/60460709:41110/11:52487
|
http://linked.open...riv/jazykVysledku
| |
http://linked.open.../riv/klicovaSlova
| - CGE model, CAP, EU budget, Scenario, GDP, the Czech Republic (en)
|
http://linked.open.../riv/klicoveSlovo
| |
http://linked.open...odStatuVydavatele
| |
http://linked.open...ontrolniKodProRIV
| |
http://linked.open...i/riv/nazevZdroje
| |
http://linked.open...in/vavai/riv/obor
| |
http://linked.open...ichTvurcuVysledku
| |
http://linked.open...cetTvurcuVysledku
| |
http://linked.open...UplatneniVysledku
| |
http://linked.open...v/svazekPeriodika
| |
http://linked.open...iv/tvurceVysledku
| |
http://linked.open...ain/vavai/riv/wos
| |
http://linked.open...n/vavai/riv/zamer
| |
issn
| |
number of pages
| |
http://localhost/t...ganizacniJednotka
| |