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Structural Change And Agricultural Protection: The Costs Of Korean Agricultural Policy 1975 And 1990

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Author Info

  • Diao, Xinshen
  • Dyck, John H.
  • Lee, Chinkook
  • Skully, David W.
  • Somwaru, Agapi

Abstract

The economic development of South Korea is often held up as a model to be followed by many developing countries. We use 1975 and 1990 data in a general equilibrium framework with highly disaggregated agricultural sector specification to evaluate the opportunity cost of agricultural protection. We show that for Korea the cost of protection increases with the level of economic development.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number 21492.

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Date of creation: 1999
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Handle: RePEc:ags:aaea99:21492

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Keywords: Industrial Organization; International Development;

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  1. Hatton, Timothy J & Williamson, Jeffrey G, 1992. "What Explains Wage Gaps between Farm and City? Exploring the Todaro Model with American Evidence, 1890-1941," Economic Development and Cultural Change, University of Chicago Press, vol. 40(2), pages 267-94, January.
  2. Atkinson, A. B. & Stiglitz, J. E., 1972. "The structure of indirect taxation and economic efficiency," Journal of Public Economics, Elsevier, vol. 1(1), pages 97-119, April.
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Cited by:
  1. Jin Inhwan, 2008. "Determinants of Agricultural Protection in Industrial Countries: An Empirical Investigation," Economics Bulletin, AccessEcon, vol. 17(1), pages 1-11.

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