sustainability Article The Impact of the Comprehensive Rural Village Development Program on Rural Sustainability in Korea Jaehee Hwang 1, Jonghoon Park 2 and Seongwoo Lee 2,* 1 Regional Innovation Research Center for Ocean & Fisheries (RICOF), Korea Maritime Institute, Busan 49111, Korea;
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[email protected] * Correspondence:
[email protected]; Tel.: +82-2-880-4744 Received: 21 May 2018; Accepted: 5 July 2018; Published: 12 July 2018 Abstract: An imperative challenge emerges from the demand to apply the scientific method in the assessment of recent agricultural and rural policies throughout the world. The objective of the present study was to conduct an ex-post quantitative evaluation of the Comprehensive Rural Village Development Program (CRVDP), a representative rural development policy operated by the Ministry of Agriculture, Food and Rural Affairs, a central government agency in South Korea. The primary purpose of this program 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 paper concludes with suggesting some policy implications, limitations and future directions of policy evaluation studies. Keywords: policy evaluation; sustainable rural policy; spatial econometrics model; decomposition method; South Korea 1. Introduction The rapid economic development in South Korea (hereafter “Korea”) over the past six decades has been deservedly hailed as globally unmatched. Concomitant with this national economic growth has come an increase in both agricultural production and farmer’s income. However, the rural and agricultural environment in Korea has undergone rapid change over the past fifty years.