|제목||한-EU-FTA의 돼지 삼겹살 시장에 대한 영향 분석|
|학술지명||무역학회지 제36권 제1호 통권 제9|
|키워드||한eufta, 관세감축, 관세철폐, 삼겹살시장, 대국모형, 소비대체모형, 관세감축철폐, Korea-EU FTA, Tariff Elimination, Pork Belly Market, Large Country, Consumption Substitution, 철폐|
This study examines the effects of the Korea-EU FTA on Korea’s pork belly market. Unlike previous studies, a large country model is developed to examine the FTA effects considering that Korea’s import share of the world market for EU pork belly has been fairly large as evidenced in historical data. It is also assumed that pork belly products, either domestically produced or imported, are not homogeneous goods but substitutes in consumption each other. A theoretical framework to analyze the effects of Korea-EU FTA on Korea’s pork belly market is developed and then an empirical examination is conducted. The results show that the adverse effects on domestic pork industry will not be as significant as farmers predict and argue. The effects of tariff elimination on domestic price, production, farm income, and imports turn out to be smaller than the case of small country assumption where the world price is exogenously given as used in most previous studies. This is because the world price of EU pork belly rises as Korea’s demand for it increases with tariff elimination when Korea’s import share is large enough to account for 20-30 percent in the world market of EU pork belly.