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This paper makes use of an agricultural sector model to analyse welfare effects derived from different national implementation options of the CAP Reform 2003. It shows that agricultural prices developed more favourable in a full premium decoupling scenario, since agricultural production declines more pronounced compared to a partial decoupling scenario. The use of the partial decoupling mecha- nism helps Member States to distribute income into less favoured areas but is not the optimal policy choice. However, if other Member States follow the same path of reform, a 'prisoner's dilemma' will most likely be observed: partial decoupling appears as the preferred option for individual Member States, since high domestic production and high producer prices would be expected, but this would lead to wel- fare losses for consumers and taxpayers.

economía agraría y recursos naturales/economía agraria y recursos naturales

Distribución de bienestar económico entre Estados Miembros ante distintas opciones de desacoplamiento en el marco de la nueva PAC - Consecuencias para España