Analysis of EU dairy policy reform
用短期部分均衡模型分析欧盟乳制品政策对价格、生产、消费和出口的影响，发现配额增加会降低福利，减少出口补贴是更优政策。
The effects of dairy policy in the European Union are analysed using a short-term partial equilibrium model that takes into account the supply of milk, the processing stage and the demand for processed products. Comparative static analysis of the main EU dairy policy instruments is performed to determine the effects of different policy scenarios on price, production, consumption and exports of dairy products, and to compare their welfare impact. Because of the inelasticity of demand, a 1 per cent increase in the quota increase decided as part of agenda 2000 leads to a decrease in EU welfare, and that reducing export refunds would be a better policy for the European Union.