쌀 수입보험으로 변동직불제를 대체할 수 있을까?

Could Variable Direct Payment be Replaced by Revenue Insurance for Rice?

This study examines whether variable direct payment could be replaced by revenue insurance for rice through two different approaches, numerical analysis and historical data analysis. The result shows that variable direct payment has a decided advantage to rice farmers compared with revenue insurance except some extreme cases. Requirement of government spending is estimated to be much higher for operating revenue insurance than for maintaining variable direct payment for rice. Therefore, we suggests that rice revenue insurance could be considered as a complementary tool for current variable direct payment not a substitute.