A Tool to Analyse the Impact of Policy Changes on the Agri-Food Sector of Finland
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An econometric model for Finnish agriculture is built as a part of the AGMEMOD project, a
joint endeavour by several European research institutes. The AG-MEMOD modelling
framework provides a unified approach to the specification, estimation, and simulation of the
national-level commodity markets. The projection and policy simulations presented in this
paper demonstrate that the Finnish country model is able to catch the essentials of the
behavioural relationships underlying the specialised nature of each commodity market.
Furthermore, the model is well adapted for inclusion into a framework of multi-country model
of the whole EU.