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Food Security and Agricultural Protection in South Korea

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Author Info
John C. Beghin
Jean-Christophe Bureau
Sung Joon Park

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Abstract

As part of its food security policy, South Korea has been pursuing food self-sufficiency using high tariffs and high administrative prices in key agricultural and food markets. Using a dual approach to trade and trade restrictiveness indices, the authors analyze the impact of these market distortions on welfare and trade volume. Then, they compute optimum distortions, which minimize the welfare costs of observed self-sufficiency and production objectives. The authors rationalize these optimum distortions to what could be claimed as legitimate protection under a "food security" (FS) box in World Trade Organization negotiations. FS-box protection is sensitive to changes in the definition and the extent of the FS objectives. The authors then show that FS via production targets and reliance on imports would be more palatable to consumers and trade partners while preserving rents to the farm sector.

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Publisher Info
Paper provided by Center for Agricultural and Rural Development (CARD) at Iowa State University in its series Center for Agricultural and Rural Development (CARD) Publications with number 01-wp284.

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Date of creation: Sep 2001
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Handle: RePEc:ias:cpaper:01-wp284

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Makki, Shiva S. & Tweeten, Luther G. & Miranda, Mario J., 2001. "Storage-trade interactions under uncertainty: Implications for food security," Journal of Policy Modeling, Elsevier, vol. 23(2), pages 127-140, February. [Downloadable!] (restricted)
  2. James E. Anderson & Will Martin, 1996. "The Welfare Analysis of Fiscal Policy: A Simple Unified Account," Boston College Working Papers in Economics 316., Boston College Department of Economics. [Downloadable!]
  3. Alan Matthews, 2001. "The position of the developing countries in the WTO negotiations on agricultural trade liberalisation," Trinity Economics Papers 20013, Trinity College Dublin, Department of Economics. [Downloadable!]
  4. Josling, Tim & Honma, Masayoshi & Lee, Jaeok & MacLaren, Donald & Miner, Bill & Sumner, Dan & Tangermann, Stefan & Valdes, Alberto, 1994. "The Uruguay Round Agreement On Agriculture: An Evaluation," Commissioned Papers 14621, International Agricultural Trade Research Consortium. [Downloadable!]
  5. Salvatici, Luca & Carter, Colin A. & Sumner, Daniel A., 1997. "The Trade Restrictiveness Index: The Potential Contribution To Agricultural Policy Analysis," 1997 Annual meeting, July 27-30, Toronto, Canada 21028, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  6. Anderson, James E & Neary, J Peter, 1996. "A New Approach to Evaluating Trade Policy," Review of Economic Studies, Blackwell Publishing, vol. 63(1), pages 107-25, January. [Downloadable!] (restricted)
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  7. Alan Matthews, 2001. "The position of the developing countries in the WTO negotiations on agricultural trade liberalisation," CEG Working Papers 20011, Trinity College Dublin, Department of Economics. [Downloadable!]
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  1. Colyer, Dale, 2004. "Environmental Regulations And Competitiveness," Working Papers 19100, West Virginia University, Department of Agricultural Resource Economics. [Downloadable!]
  2. Jean-Christophe Bureau & Luca Salvatici, 2004. "WTO Negotiations on Market Access in Agriculture: a Comparison of Alternative Tariff Cut Proposals for the EU and the US," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 0(1). [Downloadable!]
  3. John C. Beghin & Jean-Christophe Bureau & Sophie Drogué, 2004. "Calibration of incomplete demand systems in quantitative analysis," Applied Economics, Taylor and Francis Journals, vol. 36(8), pages 839-847, May. [Downloadable!] (restricted)
  4. John C. Beghin & David Roland-Holst & Dominique van der Mensbrugghe, 2002. "Global Agricultural Trade and the Doha Round: What are the Implications for North and South?," Food and Agricultural Policy Research Institute (FAPRI) Publications 02-wp308, Food and Agricultural Policy Research Institute (FAPRI) at Iowa State University. [Downloadable!]
    Other versions:
  5. Baffes, John & De Gorter, Harry, 2005. "Disciplining agricultural support through decoupling," Policy Research Working Paper Series 3533, The World Bank. [Downloadable!]
  6. Colyer, Dale, 2004. "Environmental Regulations and Agricultural Competitiveness," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 5(1). [Downloadable!]
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