Agricultural Trade and the Role of Externalities

• 발행기관: 한국농업경제학회
• 저자명: Yong Kee Lee
• 간행물 정보: 『농업경제연구』43권 4호, 1~19쪽, 전체 19쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2002.12.30

영문 초록

The role of externality in the world agricultural trade is examined theoretically. Analyses are focused on how the social welfare is affected by externality factors in tariff reduction with and without environmental policies, considering both positive and negative externalities. The result demonstrates that import tariff to achieve the maximized social welfare is always positive as long as marginal external benefit is greater than marginal external damage at equilibrium, and that there exists high possibility that tariff combined with targeted environmental policy can improve social welfare and environment at the same time.

목차

ABSTRACT

I. Introduction

II. Externality and Social Welfare

III. Externality with Environmental Policy

IV. Conclusions

References

키워드

Agricultural trade Externality Tariff reduction