PORTUGAL ON THE BRINK OF EUROPE: THE CAP AND PORTUGUESE AGRICULTURE
研究了葡萄牙1974年革命后农业政策的效果，发现价格支持、补贴等措施未能促进技术或结构变革，加入欧盟共同农业政策将大幅降低农场盈利，需改革要素市场政策并增加研发投资。
Portuguese policy‐makers assumed an active interest in agricultural sector development after the 1974 Revolution. However, the policy instruments used‐output price supports, input subsidies, land market regulations, and agricultural credit programmes‐have done little to facilitate technical or structural change in much of the sector. This pattern of development may have adverse medium‐term impacts on agriculture, because for most commodities, accession to the CAP will substantially reduce farm profitability. If Portugal is to avoid sharp declines in income for a sector that is already relatively low in income terms, reform of factor market policies and investment in research and development are essential.