Advanced Search
MyIDEAS: Login

Transition to Decoupled Rice Support and Its Production Effects in Korea

Contents:

Author Info

  • Lim, Song-Soo

Abstract

Abolishing a nearly 50-year-old policy for rice price support, Korea adopted a new direct payment program in 2005. Making the transition to decoupled income support has been governed by the need for operative and effective income safety nets and the WTO disciplines on domestic support. The program aims to deal with over-supply of rice while guarding against the threat of income insecurity. Integrated into a target price mechanism, the fixed and variable payments compensate part of farm income loss arising from adverse market conditions. An empirical estimation based on the farm-level data is performed to test the degree of a linkage between rice support and production. The analysis suggests that rice support have only marginal influence on production with the elasticity of 0.03. To secure a smooth implementation of structural reforms and meet the WTO disciplines, Korea may continue to transfer its support into a decoupled, Green Box type measure.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://purl.umn.edu/45680
Download Restriction: no

Bibliographic Info

Article provided by Korea Rural Economic Institute in its journal Journal of Rural Development/Nongchon-Gyeongje.

Volume (Year): 31 (2008)
Issue (Month): 2 (May)
Pages:

as in new window
Handle: RePEc:ags:jordng:45680

Contact details of provider:
Postal: 4-102 Hoigi-Dong Dongdaemoon-Gu, Seoul 130-710
Phone: (02)3299-4000
Fax: (02)965-6950
Web page: http://www.krei.re.kr/eng/index.php
More information through EDIRC

Related research

Keywords: rice; decoupled support; direct payments; agricultural policy reform; Korea; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ags:jordng:45680. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.