Objective:
- Analyse options for reforming agricultural subsidies that are in line with health and climate-change objectives
Case:
Methodology:
- CGE
- Agricultural detail: MAGNET
Data Source
Findings:
- Removing all agricultural subsidies by 2030 led to reduced production of crop, while regions without subsidies to remove reacted by increasing production
- The changes in consumption followed the changes in production, but were mediated by changes in trade and commodity prices
- The increases in mortality affected the labour supply and led to a reduction in economic welfare
Coding Reference: