Japan's agricultural border protection is high for food, but low for feed, thus effectively protecting both rice and meat products. This border protection is complemented by other governmental support in the form of direct subsidies, capital subsidies, and price supports, together amounting to...

The story of agricultural policy in Northeast Asia over the past 50 years illustrates the dramatic changes that can occur in distortions to agricultural incentives faced by producers and consumers at different stages of economic development. In this study of Japan, the Republic of Korea (the...