Slovak Agriculture in the European Union
Slovak Agriculture in the European Union

Summary/Abstract: We build a Slovak sectoral dynamic partial equilibrium econometric model based on EU GOLD model. It is used to analyze the development of the Slovak agricultural markets after EU accession. Simulation results for cereals, oilseeds and meats are provided in this article. Two scenarios are analyzed: non-accession baseline and accession with adoption of single area payment scheme. EU accession is expected to increase prices of most products, the biggest increase of prices will occur in animal sector. Because of higher prices consump-tion will go down. Decrease of consumption will be mitigated by income growth. Production will not increase substantially due to decoupling of direct payments. Trade balance for majority of products will improve.

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