Brexit and EU Common Agricultural Policy: The possible consequences for Lithuania
| Autor: | Mangirdas Morkūnas, Tomas Baležentis, Artiom Volkov, Dalia Streimikiene |
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| Rok vydání: | 2019 |
| Předmět: |
Scenarijų modeliavimas
Sociology and Political Science Galimos pasekmės business.industry lcsh:HM401-1281 Lithuania scenario modelling International trade Prekybos politika / Trade policy Scenario modelling common agricultural policy Lietuva (Lithuania) lcsh:Sociology (General) Brexit Bendra žemės ūkio politika Economics Bendroji žemės ūkio politika Possible consequences Scenarijaus modeliavimas business General Economics Econometrics and Finance Common Agricultural Policy |
| Zdroj: | Economics & Sociology, Vol 12, Iss 2 (2019) Economics and Sociology [Journal of Scientific Papers Economics & Sociology]. 2019, 12, 2, p. 328-344. |
| ISSN: | 2306-3459 2071-789X |
| DOI: | 10.14254/2071-789x.2019/12-2/20 |
| Popis: | This paper examines the possible Brexit scenarios and their impacts on the Common Agricultural Policy (CAP) of the European Union (EU) with particular focus on Lithuania. The paper outlines the scientific discourse on the imminent modifications of the CAP after the Brexit along with changes in the EU budget. The paper was prepared during the beginning of Brexit negotiations, with withdrawal terms not being publicly disclosed. Thus, the most likely assumptions have been accepted in order to model the scenarios. The possible effects of Brexit on the agriculture of the small EU Member States are discussed taking the case of Lithuania as an example. The empirical analysis showed that, in the case of three different Brexitinduced CAP modifications, Lithuanian agricultural sector may lose 1% to 20% of financial support under the CAP direct payment mechanism. The corresponding loss under these scenarios is quantified for agricultural sectors of all the EU Member States. |
| Databáze: | OpenAIRE |
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