The Economic Impacts of Farm Animal Housing Restrictions: The Mandatory Group Housing for Sows in South Korea

• 영문명: The Economic Impacts of Farm Animal Housing Restrictions: The Mandatory Group Housing for Sows in South Korea
• 발행기관: 한국농업경제학회
• 저자명: 이한빈(Hanbin Lee)
• 간행물 정보: 『농업경제연구』65권 1호, 135~161쪽, 전체 27쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2024.03.30

영문 초록

Beginning January 1, 2030, South Korea will mandate group housing for sows in the domestic hog production. The purpose of this article is to examine the economic implications of the new sow housing regulations on the hog and pork industry in South Korea. This article developes an economic simulation model to quantify the regulation impacts within a calibrated equilibrium framework. With three scenarios differentiated by the regulation costs in production, the simulated outcomes indicate that the regulations will result in a 2% to 11% increase in hog prices, a 1% to 5% decrease in domestic hog quantities, and a 0.5% to 3% decrease in hog producer surplus in South Korea. An increase of 10% in the willingness to pay for domestic pork would be sufficient to offset the loss in producer surplus caused by the regulations, in the scenario with relatively high incremental regulation costs of production.

목차

Ⅰ. Introduction

Ⅱ. Mandatory Group Housing for Sows in South Korea

Ⅲ. A Model for Analyzing the Impacts of Mandatory Group Housing for Sows in South Korea

Ⅳ. Model Calibration and Scenarios for the Simulations

Ⅴ. Simulation Results: The Impact of Mandatory Group Housing for Sows in South Korea

Ⅵ. Conclusions

References

키워드

Agricultural policy Animal welfare Hog production Pork markets Regulation of farming practices