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Journal of Rural Development

The Production Effect of Fixed Direct Payment Program on Acreage Decisions of Korean Rice Farmers

2010.12.01 17886
  • Author
    Sagong, Yong
  • Publication Date
    2010.12.01
  • Original

This paper investigates whether or not fixed (decoupled) direct payment to Korean rice farmers is decoupled.
In this paper, we conclude that it increased rice production and it causes the excess supply of rice.
It is true since many Korean rice farmers do not recognize the differences between fixed direct payment and
variable direct payment. It shows that Korean government needs to inform the payment terms of the fixed direct
payment to rice farmers through newspaper and media.

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