Population Scenarios for South Mediterranean Countries 2010-2050. MEDPRO Report No. 2, August 2012

The European Neighbourhood Policy (ENP) and its follow-up, the Union for the Mediterranean (UfM), were created in 2004 and 2008 to strengthen the prosperity, stability and security of all countries and avoid the emergence of new dividing lines between the EU and 16 neighbouring countries, including south Mediterranean countries (SMCs). Demographic factors in both EU and neighbouring countries will influence this goal. This report describes four population growth scenarios for SMCs, obtained using the MEDPRO economic-political development framework on how indicators of fertility, mortality and international migration might change if people in SMCs were to live in different macroeconomic and political contexts. Qualitative scenarios were then operationalized leading to four different quantitative scenarios using assumptions about possible trends in indicators of fertility, mortality and international migration. The paper concludes by reflecting on the results in light of recent political developments in the region.

A Spatial Analysis of Agricultural Land Prices in Bavaria. Factor Markets Working Document No. 50, June 2013

This paper empirically analyses a dataset of more than 7,300 agricultural land sales transactions from 2001 and 2007 to identify the factors influencing agricultural land prices in Bavaria. We use a general spatial model, which combines a spatial lag and a spatial error model, and in addition account for endogeneity introduced by the spatially lagged dependent variable as well as other explanatory variables. Our findings confirm the strong influence of agricultural factors such as land productivity, of variables describing the regional land market structure, and of non-agricultural factors such as urban pressure on agricultural land prices. Moreover, the involvement of public authorities as a seller or buyer increases sales prices in Bavaria. We find a significant capitalisation of government support payments into agricultural land, where a decrease of direct payments by 1% would decrease land prices in 2007 and 2001 by 0.27% and 0.06%, respectively. In addition, we confirm strong spatial relationships in our dataset. Neglecting this leads to biased estimates, especially if aggregated data is used. We find that the price of a specific plot increases by 0.24% when sales prices in surrounding areas increase by 1%.

Demographics and Brexit: A deeper problem for the EU? CEPS Commentary, 8 July 2016

There has been much debate about the demographic factors that contributed to the outcome of the UK’s referendum on its membership of the EU. Two aspects command special attention. First, there are marked differences between young and old generations in the preferences shown for remaining in the EU. While the former predominantly voted to remain, a great majority of the latter voted to leave. On the other hand, voter turnout revealed the opposite trend: about 83% of UK citizens aged 65 and older voted, whereas only 36% of those aged 18-24 cast their vote (Figure 1).