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2120 final report.pdf - Agra CEAS Consulting

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THE SOCIO-ECONOMIC IMPLICATIONS OF THE VARIOUS SYSTEMS TO KEEP LAYING HENSThe results for these scenarios are presented in Table 7.3 for the EU-15 and Table 7.4 for the EU-25.Table 7.3: Changes in demand for EU-15Reduction in demand for caged shellUnits 1% SD 1 5% SD 10% SD 20% SDProducer Surplus Euro (millions) 1.35 0.35 6.77 1.76 13.55 3.54 27.20 7.08Consumer Surplus Euro (millions) -35.23 0.39 -174.77 2.02 -346.13 4.27 -678.68 9.45Total Surplus Euro (millions) -33.88 0.04 -168.01 0.31 -332.58 0.95 -651.48 3.33Quantity Shell % -0.43 0.05 -2.13 0.23 -4.26 0.47 -8.52 0.94Quantity Processed % 0.09 0.00 0.47 0.01 0.95 0.01 1.90 0.03Quantity Alternative % 0.05 0.01 0.25 0.05 0.50 0.09 1.01 0.18Price Shell % -0.04 0.01 -0.20 0.03 -0.40 0.07 -0.80 0.13Price Processed % 0.00 0.00 0.02 0.00 0.04 0.01 0.08 0.01Price Alternative % 0.54 0.06 2.69 0.30 5.39 0.60 10.77 1.19Quantity Shell 3rd Country % 0.26 0.03 1.28 0.13 2.56 0.26 5.11 0.53Quantity Processed 3rd Country % -0.03 0.00 -0.13 0.01 -0.25 0.03 -0.50 0.06Increased demand for processedUnits 1% SD 5% SD 10% SD 20% SDProducer Surplus Euro (millions) 0.76 0.14 3.78 0.69 7.61 1.39 15.19 2.78Consumer Surplus Euro (millions) 12.22 0.15 62.19 0.72 127.09 1.42 265.19 2.93Total Surplus Euro (millions) 12.97 0.01 65.97 0.11 134.70 0.45 280.38 1.84Quantity Shell % -0.05 0.00 -0.23 0.00 -0.47 0.01 -0.93 0.02Quantity Processed % 0.92 0.08 4.59 0.42 9.20 0.86 18.36 1.72Quantity Alternative % 0.01 0.00 0.06 0.01 0.12 0.03 0.24 0.06Price Shell % 0.00 0.00 -0.01 0.00 -0.03 0.00 -0.05 0.01Price Processed % 0.08 0.01 0.39 0.06 0.79 0.12 1.58 0.24Price Alternative % -0.02 0.00 -0.09 0.02 -0.18 0.03 -0.36 0.07Quantity Shell 3rd Country % 0.02 0.00 0.09 0.01 0.17 0.02 0.34 0.04Quantity Processed 3rd Country % -0.50 0.05 -2.52 0.24 -5.04 0.48 -10.05 0.97Increased demand for alternativeUnits 1% SD 5% SD 10% SD 20% SDProducer Surplus Euro (millions) 3.84 0.08 19.22 0.43 38.50 0.86 77.28 1.66Consumer Surplus Euro (millions) 0.96 0.09 4.78 0.47 9.59 0.97 19.25 1.91Total Surplus Euro (millions) 4.79 0.01 24.00 0.05 48.09 0.11 96.53 0.25Quantity Shell % -0.01 0.00 -0.06 0.01 -0.12 0.01 -0.23 0.03Quantity Processed % 0.00 0.00 0.01 0.00 0.03 0.01 0.05 0.01Quantity Alternative % 0.11 0.01 0.55 0.04 1.09 0.08 2.18 0.17Price Shell % -0.01 0.00 -0.03 0.00 -0.05 0.01 -0.10 0.02Price Processed % 0.00 0.00 -0.02 0.00 -0.04 0.01 -0.08 0.01Price Alternative % 0.86 0.01 4.30 0.06 8.60 0.13 17.20 0.26Quantity Shell 3rd Country % 0.03 0.00 0.17 0.02 0.33 0.04 0.66 0.08Quantity Processed 3rd Country % 0.03 0.00 0.13 0.02 0.25 0.03 0.51 0.07Source: <strong>Agra</strong> <strong>CEAS</strong> estimates.Note: 1 Standard Deviation.95

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