농업경제연구

Korean Agricultural Economics Association

제목 Gains from Farm Consolidation in Korean Agriculture: Analysis of Farm Level Panel Data 1998~2002
저자 Hye Jung Kang
발행정보 46권 3호 (2005년 9월) 페이지 27~49
초록 This paper examines the primary gains from farm consolidation in Korean agriculture, with particular emphasis on the role of scale economies and returns to farm labor. Measurements of such variables are obtained from the estimation of a stochastic multi-output distance function using farm-level panel data from the period 1998 to 2002. The empirical evidence finds that larger farms have more returns to scale than smaller ones and lager farms realize growing scale advantages during the study period. Futher results suggest that as land per farm increases, so do return to farm labor.
논문파일 농업경제연구-2005(46권제3호)-02.pdf