Economic and Environmental impacts of the Green Deal on the Agricultural Economy: A Simulation Study of the Impact of the F2F-Strategy on Production, Trade, Welfare and the Environment based on the CAPRI-Model

The study used the CAPRI model, a regionalized partial equilibrium model focused on the agricultural sector, to analyze environmental and land use effects. This model was linked to international trade, assuming that the agricultural products exchanged are not perfectly homogeneous, which implies non-linear transaction costs and trade flows that respond in a limited way to changes in the terms of trade (TOT), i.e., changes in price relationships in domestic and international markets.