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GAMS Models in Agricultural Economics

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CAPRI as an example<br />

• Simulates impacts of policy <strong>in</strong>struments such as<br />

tariffs, subsidies, agri-environmental programs<br />

• On various <strong>in</strong>dicators such as<br />

– Crop areas, yields, herd sizes, production, feed use<br />

– Human consumption, <strong>in</strong>dustrial proces<strong>in</strong>g, trade flows<br />

– Farm <strong>in</strong>come, EU budget costs, consumer welfare<br />

– GHG emissions, nutrient balances<br />

• Developped end of the n<strong>in</strong>eties, s<strong>in</strong>ce then<br />

cont<strong>in</strong>ously expanded, improved and applied<br />

• Open source concept, network based

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