할당관세 정책이 농산물 소매가격에 미치는 인과적 영향

The Causal Effects of Tariff-Rate Quota Policies on Agricultural Product Retail Prices

Youngmi Kim and Deokjae Jeong

MPRA Paper from University Library of Munich, Germany

Abstract: This study examines the causal effect of Korea's Tariff-Rate Quota on consumer price reduction and stabilization, in contrast to previous foreign studies that focused on the domestic producer price support effects of Tariff-Rate Quotas. Using daily retail price data for 40 agricultural products from 2021 to 2025, this study analyze retail price changes in response to the intensity of tariff reductions using the Local Projection Difference-in-Differences method. The results indicate that while no significant price reduction was observed for leafy and root vegetables, fruits exhibited a causal retail price decline of approximately 0.9% for every one percentage point reduction in tariff rates. This implies that the tariff pass-through rate for fruits is approximately 90%. These findings suggest that when the policy objective is price stabilization, priority consideration should be given to applying Tariff-Rate Quotas to fruits.

Keywords: Tariff-Rate Quota; Price Stabilization; Local Projection Difference-in-Differences; Tariff Pass-through; Agricultural Trade Policy (search for similar items in EconPapers)
JEL-codes: C23 F13 F14 Q17 (search for similar items in EconPapers)
Date: 2025-11-25
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https://mpra.ub.uni-muenchen.de/127535/1/MPRA_paper_127535.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:126998

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