Is Aging the Important Factor for Sustainable Agricultural Development in Korea? Evidence from the Relationship between Aging and Farm Technical Efficiency

Ho Seok, Jun; Moon, Hanpil; Kim, GwanSeon; R. Reed, Michael

doi:10.3390/su10072137

Public

Is Aging the Important Factor for Sustainable Agricultural Development in Korea? Evidence from the Relationship between Aging and Farm Technical Efficiency

Published in Sustainability • Jun 22, 2018

Authors:

Jun Ho Seok

Hanpil Moon

GwanSeon Kim

Abstract

This paper examines the effects of aging and income subsidies on farm efficiency in Korea by utilizing the Korean Farm Household Economic Survey from 2008 to 2015. A stochastic frontier model with a non-monotonic assumption on the effect of efficiency factors is implemented to reflect a super aging ...

Subject

Subsidy

Economics

Agriculture

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