Agricultural Policy Reform in the Pacific Rim: The Case of Japan

Vernon O. Roningen and Praveen M. Dixit

No 197737, 1992 Occasional Paper Series No. 6 from International Association of Agricultural Economists

Abstract: The world trade model used for this study suggests taht Japanese agricultural policies have substantially depressed world rice prices. The study also indicates that such policies have imposed considerable distrotions in Japan's domestic economy, costing consumers and taxpayers nearly $1.73 to provide a dollar of support to agricultural producers. The study concludes that while elimination of agricultural support could considerably lower Japanese agricultural incomes, such losses may not affect the living standards of most farmers because agriculture contributes less than 8 percent of total household incomes for nearly 70 percent of farmers.

Keywords: Agricultural and Food Policy; International Development (search for similar items in EconPapers)
Pages: 10
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo6:197737

DOI: 10.22004/ag.econ.197737

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