Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129088
Authors: 
Ahn, Byeong-il
Im, Jeong-bin
Year of Publication: 
2016
Series/Report no.: 
Economics Discussion Papers 2016-10
Abstract: 
The present study develops an equilibrium displacement model (EDM) to evaluate the impacts of a free trade agreement (FTA) on the profits of individual farmers. The parameters representing the share of profit within revenue and the elasticity of cost with respect to quantity in the cost function play key roles in assessing the change in individual farmers' profit. The application of the developed EDM to assess the impacts of the Korea-Chile FTA indicates that this FTA has little impact on the Korean grape market and grape producers in Korea.
Subjects: 
EDM
simulation
tariff reduction
farm profit
cost function
JEL: 
F13
F14
Q17
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/
Document Type: 
Working Paper

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