Benefits and Costs of Agricultural Protection in Korea

By connecting the agricultural sector and other sectors of the economy general equilibrium model simulation calculation, results show that the protection policy in the agricultural sector is not only a burden on household spending, but also can reduce national income. If we lower the level of agricu...

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Bibliographic Details
Main Authors: David Vincent, Honggue Lee
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 1997-12-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.1997.1.1.7