2009 | 10 | 1 | 88-98
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The aim of this paper was to present the AGMEMOD[1] model as an example of partial equilibrium model applied in the field of agricultural economics and its capacity to evaluate changes in the Common Agricultural Policy (CAP). The AGMEMOD model is an econometric, dynamic, multi-product, partial-equilibrium modelling system constructed within the 5th and 6th EU Framework Project. As an example of application of the model a quantitative assessment of the impact of the milk quotas abolition on the Polish dairy sector was displayed.
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