STRUCTURAL CHANGE AND AGRICULTURAL PROTECTION: THE COSTS OF KOREAN AGRICULTURAL POLICY 1975 AND 1990
Xinshen Diao (),
David W. Skully and
Agapi Somwaru ()
No 21492, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
The economic development of South Korea is often held up as a model to be followed by many developing countries. We use 1975 and 1990 data in a general equilibrium framework with highly disaggregated agricultural sector specification to evaluate the opportunity cost of agricultural protection. We show that for Korea the cost of protection increases with the level of economic development.
Keywords: Industrial Organization; International Development (search for similar items in EconPapers)
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Working Paper: Structural Change and Agricultural Protection: Costs of Korean Agricultural Policy, 1975 and 1990 (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21492
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