AGENDA FOR FUTURE REFORMS".

verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. The views expressed are purely those of the author and may not in any circumstances be regarded as stating an official position of the European Commission. Disclaimer: The views expressed are purely those of the author and may not in any circumstances be regarded as stating an official position of the European Commission. 2 In the so-called Common Agricultural Policy (CAP) 'Health Check ' the European Commission has recently proposed gradual transitional measures to allow a 'soft landing ' of the milk sector to quota expiry. The aim of this paper is to support policy makers to get better insights in the implications of some of the most important economic assumptions and empirical choices made in partial equilibrium models focusing on dairy. Three partial equilibrium models are considered: the Agricultural Member states MODeling (AGMEMOD) model, the Common Agricultural Policy SIMulation (CAPSIM) model, and the Europea