Agricultural expenditure in the European Union budget: a graphical analysis
利用等预算和等平衡函数分析欧盟预算中农业支出与其他支出的替代或互补关系,揭示成员国对改革提案的立场,对研究欧盟政策改革的经济学者有参考价值。
The review of the European Union (EU) budget and the Common Agricultural Policy reform are tightly connected issues influencing each other. We assume that the outcomes will be influenced by their impact on the net balances of Member States (MSs), and use isobudget and isobalance functions to analyse different hypotheses about the EU budget expenditure. These functions are key in understanding substitutability or complementarity between agricultural and other expenditures and shed some light on the positions of the MSs in favour or against possible reform proposals. , Oxford University Press.