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Outlook Of The World Rice Industry Under Alternative Trade Liberalization Policies In Japan And Korea

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  • Koo, Won W.
  • Taylor, Richard D.

Abstract

This report evaluates the world rice industry for the 1998-2010 period by using the World Rice Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, the weather, and technological change. This report evaluates three scenarios: the base scenario, the partial trade liberalization scenario in Japan and South Korea, and the full trade liberalization scenario. The partial trade liberalization scenario includes a partial liberalization of rice imports in Japan and South Korea from the year completing the minimum market access commitments under the UR agreement to 2010. The full trade liberalization scenario includes a full liberalization of rice imports in Japan and South Korea from the year completing the minimum market access commitments under the UR agreement to 2010 in Japan and 2014 in South Korea. Both trade liberalization scenarios result in higher world rice price for both japonica and indica rice and lower domestic rice price and production in both Japan and South Korea.

Suggested Citation

  • Koo, Won W. & Taylor, Richard D., 1999. "Outlook Of The World Rice Industry Under Alternative Trade Liberalization Policies In Japan And Korea," Agricultural Economics Reports 23402, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23402
    DOI: 10.22004/ag.econ.23402
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    References listed on IDEAS

    as
    1. Babcock, Bruce A. & Beghin, John C. & Fabiosa, Jacinto F. & de Cara, Stephane & Elobeid, Amani E. & Fang, Cheng & Fuller, Frank H. & Hart, Chad E. & Isik, Murat & Matthey, Holger & Saak, Alexander E. , 2002. "FAPRI 2002 World Agricultural Outlook," FAPRI Staff Reports 32051, Food and Agricultural Policy Research Institute (FAPRI).
    2. repec:ias:fpaper:99-fsr1 is not listed on IDEAS
    3. Benirschka, Martin & Koo, Won W., 1995. "World Wheat Policy Simulation Model: Description and Computer Program Documentation," Agricultural Economics Reports 23333, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. Benirschka, Martin & Koo, Won W. & Lou, Jianqiang, 1996. "World Sugar Policy Simulation Model: Description And Computer Program Documentation," Agricultural Economics Reports 23432, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. repec:ias:fpaper:99-fsr2 is not listed on IDEAS
    6. Babcock, Bruce A. & Beghin, John C. & Mohanty, Samarendu & Fuller, Frank H. & Chaudhary, Sudhir & Fabiosa, Jacinto F. & Kovarik, Karen & Hart, Chad E. & Fang, Cheng & Kaus, Phillip J. & Naik, Manta & , 1999. "FAPRI 1999 World Agricultural Outlook," FAPRI Staff Reports 32050, Food and Agricultural Policy Research Institute (FAPRI).
    7. Lansford, Vernon & Madison, Daniel & Thompson, Wyatt & Willott, Brian & Adams, Gary M. & Babcock, Bruce A. & Beghin, John C. & Mohanty, Samarendu & Fuller, Frank H. & Chaudhary, Sudhir & Fabiosa, Jaci, 1999. "FAPRI 1999 U.S. Agricultural Outlook," FAPRI Staff Reports 32049, Food and Agricultural Policy Research Institute (FAPRI).
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