Article ID Journal Published Year Pages File Type
968342 Journal of Policy Modeling 2014 16 Pages PDF
Abstract

The Common Agricultural Policy (CAP) is one of the most important European policies. Since its inception, the CAP has been reformed in response to high budgetary costs, international trade pressures and socio-economic changes. Despite the reforms, this policy did not always serve the best interests of farmers and provoked social criticisms. In anticipation of the post 2013 design, it is widely agreed that the forthcoming CAP should be more understandable to taxpayers. In this study, the social preferences towards the budgetary allocation of this policy, its equity, and its co-financing are investigated by means of the Choice experiment methodology to shed light on how to shape the future CAP to gain social legitimacy. Results reveal that the CAP post 2013 proposal is more in line with public preferences, although alternative measures are needed to tailor it effectively to regional needs.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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