The market for porkmeat in Greece and the Reform of the Common Agricultural Policy
In this paper we presented ans tested a model for the pork market of Greece for the period 1970-1991. In addition to the demand and supply equation this model contains the sows inventory as a central variable and imports as an endogenous variable. The statistical results show that consumers and prod...
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Published in | Berichte über Landwirtschaft Vol. 73; no. 2 |
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Main Author | |
Format | Journal Article |
Language | German |
Published |
1995
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Abstract | In this paper we presented ans tested a model for the pork market of Greece for the period 1970-1991. In addition to the demand and supply equation this model contains the sows inventory as a central variable and imports as an endogenous variable. The statistical results show that consumers and producers respond to price changes in the expected way. In addition there is a strong effect of income on demand and also in effect of availability of loans on supply. We have also examined the evolution of the endogenous variable under the perspective that according to the CAP Reform a 21 % reduction of the corn price is adopted. Simulations of the model up to 1999 show that such a price reduction would ceteris parbius increase the sows-swines inventories as well as the pork meat supply and reduce the imported amounts. A reduction in the price of corn combinded with an increase in the amount of the loans given to the pork meat producers would generate an additional increase in the inventories as well as in the supply of meat and a further decrease in pork meat imports. Finally the efffects of an increase in per capita income by 2 % per year would be an increase in total demand and imported pork meat amounts. |
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AbstractList | In this paper we presented ans tested a model for the pork market of Greece for the period 1970-1991. In addition to the demand and supply equation this model contains the sows inventory as a central variable and imports as an endogenous variable. The statistical results show that consumers and producers respond to price changes in the expected way. In addition there is a strong effect of income on demand and also in effect of availability of loans on supply. We have also examined the evolution of the endogenous variable under the perspective that according to the CAP Reform a 21 % reduction of the corn price is adopted. Simulations of the model up to 1999 show that such a price reduction would ceteris parbius increase the sows-swines inventories as well as the pork meat supply and reduce the imported amounts. A reduction in the price of corn combinded with an increase in the amount of the loans given to the pork meat producers would generate an additional increase in the inventories as well as in the supply of meat and a further decrease in pork meat imports. Finally the efffects of an increase in per capita income by 2 % per year would be an increase in total demand and imported pork meat amounts. |
Author | Katranidis, S. (Univ. von Makedonien, Egnatia, Thessaloniki, (Greece).Fakultaet fuer Wirtschaftswissenschaften) |
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Snippet | In this paper we presented ans tested a model for the pork market of Greece for the period 1970-1991. In addition to the demand and supply equation this model... |
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SubjectTerms | CARNE DE CERDO GRECE GRECIA MARCHE MERCADOS POLITICA AGRICOLA COMUN (CE) POLITIQUE AGRICOLE COMMUNE (CE) REFORMA AGRARIA REFORME AGRAIRE VIANDE PORCINE |
Title | The market for porkmeat in Greece and the Reform of the Common Agricultural Policy |
Volume | 73 |
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