Estimation of impact of EU agricultural policies on the world market prices
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According to world market studies, the influence of policy measures on the world market price in one
or in a limited number of countries is, in general, much less significant than the influence of
multilateral policy changes. To investigate the impact of EU agricultural policies on world market
prices, we attempt to model the transmission between EU policy and world prices directly via world
market price equations, as part of the AGMEMOD model.