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The Production Effect of Fixed Direct Payment Program on Acreage Decisions of Korean Rice Farmers

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  • Sagong, Yong

Abstract

This paper investigates whether or not fixed (decoupled) direct payment to Korean rice farmers is decoupled. In this paper, we conclude that it increased rice production and it causes the excess supply of rice. It is true since many Korean rice farmers do not recognize the differences between fixed direct payment and variable direct payment. It shows that Korean government needs to inform the payment terms of the fixed direct payment to rice farmers through newspaper and media.

Suggested Citation

  • Sagong, Yong, 2010. "The Production Effect of Fixed Direct Payment Program on Acreage Decisions of Korean Rice Farmers," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 33(5), December.
    • Handle: RePEc:ags:jordng:330404
    DOI: 10.22004/ag.econ.330404
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    Keywords

    Productivity Analysis;

    Statistics

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