The Logic of the CAP : Politics or Economics?

Henning, Christian H.C.A. ; Struve, Carsten ; Brockmeier, Martina

World Bank, Washington, DC

关键词: AGRICULTURAL POLICIES;    AGRICULTURAL PRODUCTION;    BARGAINING;    BARGAINING POWER;    CETERIS PARIBUS;   

RP-ID  :  55968

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This paper derives an applied generalpolitical economy model incorporating a model of politicaldecision making into a computable general economicequilibrium model. Political decision making among a set oflegislators is modeled via a mean voter decision rulederived from a modified non cooperative legislativebargaining game of a Baron Ferejohn type. The model allows asimultaneous analysis of political and economic factorsdetermining policy outcome and is applied to simulate futureCommon Agricultural Policy (CAP) under various political andeconomic scenarios.