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Opening Markets while Maintaining Protection: Tariff Rate Quotas in Korea and Japan

Published online by Cambridge University Press:  15 September 2016

Jung-Sup Choi  and
Daniel A. Sumner
Jung-Sup Choi
Affiliation:
Korea Rural Economic Institute and a visiting scholar with the Department of Agricultural and Resource Economics at the University of California, Davis
Daniel A. Sumner
Affiliation:
Korea Rural Economic Institute and a visiting scholar with the Department of Agricultural and Resource Economics at the University of California, Davis
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Abstract

As the result of Uruguay Round negotiations, Korea and Japan established tariff rate quotas (TRQs) for agricultural imports. Both countries allocate the TRQs with various methods that show different fill rates and welfare implications. The state trading enterprises play important roles in TRQ administration in both countries. The TRQs contributed to increased imports. However, the transparency and commercial consideration in administering the TRQs remain a concern and the access for some commodities seems to be less open than would be the case if quota amounts were made available on a purely commercial basis.

Type
Issues in the Administration of Tariff-Rate Import Quotas in the Agreement on Agriculture in the WTO
Information
Agricultural and Resource Economics Review , Volume 29 , Issue 1 , April 2000 , pp. 91 - 102
Copyright
Copyright © 2000 Northeastern Agricultural and Resource Economics Association 

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References

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