가축·비료부문 양분 생성 저감의 경제적 효과

This study analyzes the general equilibrium impacts of regulating agricultural phosphorus emissions in Korea. A static computable general equilibrium model is constructed for the analysis. The study introduces a hypothetical phosphorus emission trading scheme that aims to reduce 10 percent of the to...

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Bibliographic Details
Published in농촌경제 Vol. 44; no. 3; pp. 27 - 52
Main Authors 권오상, 정학균
Format Journal Article
LanguageKorean
Published 한국농촌경제연구원 30.09.2021
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ISSN1229-8263
2713-9506

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Summary:This study analyzes the general equilibrium impacts of regulating agricultural phosphorus emissions in Korea. A static computable general equilibrium model is constructed for the analysis. The study introduces a hypothetical phosphorus emission trading scheme that aims to reduce 10 percent of the total emission from the livestock sector in 2015. Scenario 1 of the analysis assumes that both livestock and fertilizer industries are subject to the regulation, while Scenario 2 assumes that only the livestock industry is subject to the regulation. The government’s emission permit revenue is recycled so that farm households maintain their pre-regulation welfare level. The welfare cost of non-farm households is about 0.4 percent of their total expenditure under both scenarios. The result shows that the marginal abatement cost of Scenario 2 is about 50 percent higher than that of Scenario 1. Although those two policy scenarios result in very similar simulated overall welfare impacts, they have substantial differences in industry- specific effects on domestic production, consumer price, and import/ export.
Bibliography:Korea Rural Economic Institute
ISSN:1229-8263
2713-9506