Development of Quantitative Tools for the Regional Economic Analysis of the Milk Quota in the EU (Milk2007)
Funding
Joint Research Centre (JRC)
Duration
December 2007 - August 2008
Organisation
Consortium composed of
EuroCARE: co-ordinating technically
- Swedish University of Agricultural Sciences (SLU): Baseline calibration
- Università Cattolica del Sacro Cuore (USCS): Cost function estimation
- Wageningen Economic Research (formerly LEI): Validation
- European Commission, JRC-IPTS: Assessment and conclusions
Overview
The project provides a thorough policy impact analysis of the EU dairy
markets in the year 2020 regarding the removal of milk quotas within the framework of the
Health Check of the CAP. A rigorous update of the CAPRI model and database has been undertaken,
including an updates of the base year, an econometric estimation of marginal costs and quota rents and a
validation against expert data and medium-term projections on dairy commodities
provided by DG AGRI. A key finding was that the quota rent information is the dominating modelling input for the results.
Contributions of EuroCARE
EuroCARE GmbH was coordinating and responsible for the integration of quota and const function estimations in the modelling work .
