할당관세가 축산물 가격에 미치는 영향 : 쇠고기·돼지고기를 중심으로

The Effects of Tariff Rate Quotas on the Price of Livestock Products: Focused on Tariff Rate Quotas on Beef and Pork

In order to stabilize prices that have recently risen sharply, the government has introduced and implemented Tariff Rate Quotas (TRQ). TRQ were applied and implemented as a tariff reduction policy for various fields and items, but this study aims to analyze the effect of the policy on livestock products that have high price volatility, and whose consumption has increased. Therefore, this study aims to analyze the effect of TRQ on livestock product prices, mainly focusing on beef and pork. Using the information on reduction of tariff rate, theoretical import price declination and scale of tariff support can be calculated. Based on price equation, transfer rate and following consumer price decline rate are derived. Overall results imply that TRQ possibly keeps prices of each product from far more rising. Methodology used for analysis is the Ordinary Least Squares (OLS).