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- W2054278125 abstract "The story of agricultural policies over the past 50 years in the Republic of Korea (the southern part of the peninsula, hereafter referred to as Korea) and the island of Taiwan, China (hereafter referred to as Taiwan) is indicative of the dramatic changes in distortions to agricultural incentives that producers and consumers face at different stages of economic development. In this study the author estimate the degree of distortions for key agricultural products, as well as for the agricultural sector as a whole over a period when these economies transitioned from low- to high-income economies (1955 to 2004). In the following sections, first the paper briefly characterizes the structure of agriculture in Korea and Taiwan in the course of their economic development. Next, the evolution of their agricultural policies is reviewed. Distortions to agricultural incentives in Korea and Taiwan are measured in terms of the nominal and relative rates of assistance to agriculture (NRAs and RRAs, respectively). Subsequently, the report discuss the policy implications of the estimates in the two economies and draw lessons for less-developed economies that are currently experiencing structural transformation in the course of their economic growth." @default.
- W2054278125 created "2016-06-24" @default.
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- W2054278125 date "2007-12-01" @default.
- W2054278125 modified "2023-09-27" @default.
- W2054278125 title "National spreadsheet for agricultural distortions in Taiwan" @default.
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