오리 사육 휴지기제로 인한 사회적 후생 변화 분석

Economic Surplus Analysis of Temporary Production Ban on the Duck Industry

Since 2017, the Korean government has implemented the policy that restricts the production activity of selected duck farms in the nation and compensates for some of their economic loss due to the policy. This study analyzed the changes made in market equilibrium and social welfare due to the policy under various assumptions on the duck market situations. The results indicated that the policy reduced consumer, producer, and social surpluses by KRW 12 billion, 7.5 billion, and 19.5 billion, respectively. Also, social welfare will be significantly reduced if the policy is implemented during the period of AI outbreak. In this case, consumer, producer, and social surpluses decreased by KRW 21.8 billion, 15.2 billion, and 37 billion, respectively. Therefore, the policy should only be implemented in special circumstances and limit duck production at a minimum level.