Assessing the Serbia EU Integration Process Impacts on Key Agricultural Market Products Using the Agmemod Model

Abstract

The EU integration process brings substantial transformations across all economic domains, agriculture included, as a result of shifts in both the economic and political landscapes. These processes necessitate numerous adjustments to legislation, agricultural support structures, business conditions within the single market, and the harmonization of domestic producer prices with those prevailing in the EU market. The impacts of these changes can be assessed utilizing partial equilibrium models such as the AGMEMOD model. While this paper primarily lays the methodological framework for constructing the Serbian national AGMEMOD model, upon its completion, it could serve as a valuable instrument for evaluating the effects of political changes on agricultural markets in Serbia, aligning with the evidence-based policy principle, similar to other EU member states