A spatial equilibrium model of the EC feed grain sector
构建了一个多商品价格内生的空间均衡模型,估计了欧共体9国非对称饲料谷物需求函数,并模拟了取消货币补偿金额、降低支持价格和征收进口替代品税三种政策的价格与数量影响。
In this paper a multi-commodity price-endogenous spatial equilibrium model of the EC-9 feed grain sector is presented. Nonintegrable (asymmetric) feed grain demand functions are estimated for each EC member country using a pseudo data approach based on a set of representative least-cost feedmix models. The price and quantity impacts of three ‘harmonising’ EC policies are investigated within a comparative statics framework: the abolition of MCAs, a 10% cut in EC grain support prices, a 10% tax on the use of major imported ‘cereal substitutes’.