EFFECT OF DECOUPLED PAYMENTS ON U.S. AGRICULTURAL PRODUCTION

영문 제목
EFFECT OF DECOUPLED PAYMENTS ON U.S. AGRICULTURAL PRODUCTION
저자
김태훈
출판년도
2008-11
초록
In the current WTO negotiations, the developing and the developed countries take opposite view regarding the criteria for green box subsidies supposed to be decoupled from current production levels and prices. This study investigates whether U.S. PFC and direct payment subsidies are truly decoupled from production or not by modeling the farmers' risk attitudes in a non-structural approach and estimating the effect of decoupled payments on production by the change in risk attitudes. The effect of decoupled payments is not only statistically insignificant on corn and soybean acreage but also very small in magnitude.
In the current WTO negotiations, the developing and the developed countries take opposite view regarding the criteria for green box subsidies supposed to be decoupled from current production levels and prices. This study investigates whether U.S. PFC and direct payment subsidies are truly decoupled from production or not by modeling the farmers' risk attitudes in a non-structural approach and estimating the effect of decoupled payments on production by the change in risk attitudes. The effect of decoupled payments is not only statistically insignificant on corn and soybean acreage but also very small in magnitude.
목차
I. IntroductionII. Measuring decoupled payments' effectsⅢ. Models and dataⅣ. Estimation ResultsⅤ. Economic analysisⅥ. Conclusion
I. IntroductionII. Measuring decoupled payments' effectsⅢ. Models and dataⅣ. Estimation ResultsⅤ. Economic analysisⅥ. Conclusion
서지인용
page. 67 - 86
발행처
한국농촌경제연구원
주제어
Decoupled payments; PFC payments; risk attitude; nonstructural approach; Decoupled payments; PFC payments; risk attitude; nonstructural approach
발간물 유형
KREI 논문
URI
http://repository.krei.re.kr/handle/2018.oak/18925
Appears in Collections:
학술지 논문 > 농촌경제 / JRD
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