Slovak Agriculture in the European Union Cover Image

Slovak Agriculture in the European Union
Slovak Agriculture in the European Union

Author(s): Pavel Ciaian, Ján Pokrivčák, Ľubica Bartová
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: single area payment scheme; EU enlargement; Common Agricultural Policy; dynamic econometric model; commodity model

Summary/Abstract: We build a Slovak sectoral dynamic partial equilibrium econometric model based on EU GOLD model. It is used to analyze the development of the Slovak agricultural markets after EU accession. Simulation results for cereals, oilseeds and meats are provided in this article. Two scenarios are analyzed: non-accession baseline and accession with adoption of single area payment scheme. EU accession is expected to increase prices of most products, the biggest increase of prices will occur in animal sector. Because of higher prices consump-tion will go down. Decrease of consumption will be mitigated by income growth. Production will not increase substantially due to decoupling of direct payments. Trade balance for majority of products will improve.

  • Issue Year: 53/2005
  • Issue No: 07
  • Page Range: 736-752
  • Page Count: 17
  • Language: English