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2009
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cap reform.pdf
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P.Howley, K. Hanrahan and T. Donnellan. (2009) Cap reform: implications for Ireland. RERC Working Paper Series PUT 09-WP-RE-04
Abstract
Increasingly farmers can be viewed as multifunctional providers of a range of
commodity and non-commodity goods that are valued by society. Changes to the
Common Agricultural Policy (CAP) such as the shift towards decoupled payments not
only have significant effects on agriculture but also rural areas and society more
generally. Given that the CAP is likely to be the most significant driving force for
change in the Irish countryside, it will be important to assess the impact of policy
changes. Using a dynamic, multi-product, partial equilibrium model, this paper firstly
examines the potential impact of recent policy changes accruing from the Mid-Term
Review of the Common Agricultural Policy (CAP). In addition, this paper highlights
additional potential reforms of the CAP and discusses their implications for the Irish
agricultural sector.