Agricultural policy adjustments in the Korean rice economy
通过政治偏好函数将政府行为内生化,建立联立方程模型分析韩国水稻政策,检验经济变化如何通过政治权重影响定价决策,有助于理解韩国的政策调整机制。
Abstract A political preference function is used to endogenize government actions in a simultaneous equation model for South Korean rice policy. The effects of economic changes on rice pricing decisions through estimated political weights are tested to improve our understanding of policy adjustments in that country and open the way for further research in East Asia.