英文摘要 |
The purpose of this study is to evaluate the economics impacts of thealternative tariff reductions on social welfare, producers’ surplus,agricultural production value, labor, and planting acreage by usingTaiwan Agricultural Sector Model. Such empirical estimation resultsmay have important implication for policy decision. Our findings showthat the social welfare increases as the tariff reduction increases whileconsumers and producers surplus depend on demand and supplyelasticity. Higher demand and supply elasticities results a significantchange both in consumers and producers surplus. We also found thatthe tariff reduction level significantly affects agricultural production value.However, such impact for each individual product is different regard ofsame tariff reduction level. The impacts of tariff reduction on land andlabor usage is also significant which implies possible policies adjustmentwith respect to factor markets are needed. |