Submitted:
21 May 2018
Posted:
22 May 2018
You are already at the latest version
Abstract
An imperative challenge emerges from the demand to construct a scientific method to recent agricultural and rural policies throughout the world. The objective of the present study is to conduct an ex-post quantitative evaluation of the Comprehensive Rural Village Development Project, a representative rural development project operated by the Ministry of Agriculture, Food and Rural Affairs, a central government agency in South Korea. The primary purpose of the project is to ensure sustainable rural society. This study found a moderate but significant positive impact of the policy in enhancing the standard of living in rural areas. The present study concludes with suggesting some policy implications and future directions of policy evaluation studies.
Keywords:
policy evaluation
; sustainable rural policy
; spatial econometrics model
; decomposition method
; South Korea
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