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The status quo bias and reform of the Common Agricultural Policy: impact of voting rules, the European Commission and external changes

The status quo bias and reform of the Common Agricultural Policy: impact of voting rules, the... SummaryWe develop a formal model of EU decision-making on the Common Agricultural Policy (CAP). The model is used to evaluate under what conditions CAP reform occurs and what the influence of the European Commission (Commission) is on CAP reform. We find that the voting and amendment rules in the Council of the European Union, the number of policy instruments and external changes have important impacts on the occurrence and extent of CAP reform and on the influence of the Commission. Stricter voting rules increase the status quo bias and reduce Commission influence, whereas stricter amendment rules increase both the status quo bias and Commission influence. More significant external change results in more reform and more Commission influence. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png European Review of Agricultural Economics Oxford University Press

The status quo bias and reform of the Common Agricultural Policy: impact of voting rules, the European Commission and external changes

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References (39)

Publisher
Oxford University Press
Copyright
© Published by Oxford University Press.
ISSN
0165-1587
eISSN
1464-3618
DOI
10.1093/erae/jbl027
Publisher site
See Article on Publisher Site

Abstract

SummaryWe develop a formal model of EU decision-making on the Common Agricultural Policy (CAP). The model is used to evaluate under what conditions CAP reform occurs and what the influence of the European Commission (Commission) is on CAP reform. We find that the voting and amendment rules in the Council of the European Union, the number of policy instruments and external changes have important impacts on the occurrence and extent of CAP reform and on the influence of the Commission. Stricter voting rules increase the status quo bias and reduce Commission influence, whereas stricter amendment rules increase both the status quo bias and Commission influence. More significant external change results in more reform and more Commission influence.

Journal

European Review of Agricultural EconomicsOxford University Press

Published: Dec 30, 2006

Keywords: Keywords political economy agricultural policy political process policy reform

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