英文摘要 |
Guaranteed-Price Purchasing and Research & Extension expenditure have respectively meanings of predatory and productive policy. There are different influences and distribution effects on farmers' income, consumers' expenditure and government's budget. The purposes of this paper are to examine the co-policy relationship between Guaranteed-Price Purchasing and Research & Extension expenditure, to explore the under-investment of Research & Extension expenditure, for realizing the implications of rice policy reform in Taiwan. Based on the closed-economic results of theoretical derivation, it exists complementary relationship between Guaranteed-Price Purchasing and Research & Extension expenditure. The under-investment is also an inevitable problem. However, in a small open-economy, the expenditure on Research & Extension will be over-investment. The theoretical findings are consistency with empirical demonstration. Outlook the WTO disciplines, how to escape from the myth of Research & Extension is challenging the rice policy reform. |