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| Authors: | R.v. Alvensleben, H.-Chr. Behr, H.-H. Jahn |
Abstract:
The Institutes for Horticultural Economics has conducted a comprehensive study on the prospective effects of the EEC-enlargement on the international market equilibrium for a range of eighteen Mediterranean products.
Partial results are presented in two other papers on this symposium.
The investigations have been done in two major steps: (1) Status-quo-projections of supply, demand and prices to "1990". (2) Model calculations to estimate the "enlargement effect" on equilibrium prices and quantities.
Independent variables of the comparative static model are: supply, demand and price (index) in each country/region, price elasticities of supply and demand (assuming functions with constant elasticities) and policy parameters.
Dependent variables are: New equilibrium prices and quantities and intervention quantities.
The market data has been differentiated by season as far as possible and useful.
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