Abstract
This study aims at empirically shading light on economic impact of ‘Farmers’ Allowance‘, a newly emerging type of direct income support scheme. The analysis was carried out through two steps: 1) recipient farms’ consumption pattern has been investigated taking into account demographic characteristics, 2) then the estimated consumption changes have been integrated with Input-Output Table to estimate the scheme’s economic effects. The results indicate that the benefit-cost ratio is as large as 1.95, and that the scheme is anticipated to provide 12,705 job opportunities. Put together, the legitimacy of implementing the scheme may be underpinned grounded on its contribution for invigorating local economies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Korean Journal of Agricultural Management and Policy
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
