Policy Analysis for the Irish Agricultural Sector: The impact of a WTO Agreement on the Irish Agricultural Sector

Abstract

Using dynamically recursive partial equilibrium models of Irish, EU and World agricultural commodity markets, research undertaken under projects 5158, 5159 and 5160 formed the basis of the empirically based policy analysis that the FAPRI-Ireland aggregate sector modelling team, based at Rural Economy Research Centre (RERC), has provided to Irish and EU agricultural policy makers. Under the three projects (5158, 5159 and 5160), which began in January 2003, numerous analyses of CAP reform proposals and agreements were undertaken. The full details of all of the analysis conducted are given below and are available from the FAPRI-Ireland website www.tnet.teagasc.ie/fapri). In this end of project report the most recent analysis, relating to the possible impact of the still on going Doha Round of WTO negotiations is presented relative to a Baseline under which current agricultural and trade policy is assumed to continue unchanged over a ten year horizon (2006 to 2015).