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The Impact of the Comprehensive Rural Village Development Program on Rural Sustainability in Korea

Jaehee Hwang (), Jonghoon Park () and Seongwoo Lee ()
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Jaehee Hwang: Regional Innovation Research Center for Ocean & Fisheries (RICOF), Korea Maritime Institute, Busan 49111, Korea
Jonghoon Park: Department of Agricultural Economics and Rural Development, Seoul National University, Seoul 08826, Korea
Seongwoo Lee: Department of Agricultural Economics and Rural Development, Seoul National University, Seoul 08826, Korea

Sustainability, 2018, vol. 10, issue 7, 1-21

Abstract: An imperative challenge emerges from the demand to apply the scientific method in the assessment of recent agricultural and rural policies throughout the world. The objective of the present study was to conduct an ex-post quantitative evaluation of the Comprehensive Rural Village Development Program (CRVDP), a representative rural development policy operated by the Ministry of Agriculture, Food and Rural Affairs, a central government agency in South Korea. The primary purpose of this program is to ensure sustainable rural society. This study found a moderate but significant positive impact of the policy in enhancing the standard of living in rural areas. The present paper concludes with suggesting some policy implications, limitations and future directions of policy evaluation studies.

Keywords: policy evaluation; sustainable rural policy; spatial econometrics model; decomposition method; South Korea (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2018
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