AGRICULTURAL POLICY ADJUSTMENTS IN THE KOREAN RICE ECONOMY

A political preference function is used to endogenize government actions in a simultaneous equation model that is tested for Korean rice policy. The effects of macroeconomic changes on rice pricing decisions through estimated political weights are validated to open the way for better understanding of policy adjustments in East Asia.


Issue Date:
Aug 05 1990
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/271045
Language:
English
Total Pages:
18




 Record created 2018-04-09, last modified 2020-10-28

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