농업소득 변동성을 고려한 농외소득활동 참여 및 농외소득 결정요인 분석

• 영문명: Factors Affecting Farm Income Variability and Participation Decisions of Off-farm Business after Accounting for the Variability of Agricultural Income
• 발행기관: 한국농업경제학회
• 저자명: 이상원(Sangwon Lee) 추성민(Sungmin Cheu) 안동환 (Donghwan An) 김혁주(Hyuck-Joo Kim) 김관수(Kwansoo Kim)
• 간행물 정보: 『농업경제연구』59권 1호, 1~26쪽, 전체 26쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2018.03.30

국문 초록

We analyze the factors that affect farm households’ labor allocation decisions among on-farm activities, off-farm business and off-farm labor, explicitly considering the variability of agricultural income. A bivariate two-part model was employed to account for the possible correlation in allocation decisions between off-farm business and off-farm labor, which is supported by the empirical results. This approach also has an advantage in relaxing some of the restrictions of Tobit model. Using the farm-level panel data from 2013 to 2016 in Korea, we find that the variability of agricultural income decreases the farm households’ possibility of off-farm business participation. At the same time, we also find that agricultural income variability tends to increase the off-farm business income or off-farm labor income of farm households who already participated in off-farm business or off-farm labor. Other factors such as a debt-to-income ratio, a subsidy-agricultural revenue ratio, insurance premium, and etc. are also found to play critical roles in labor allocation decisions of farm households.

목차

Ⅰ. 서론

Ⅱ. 분석모형

Ⅲ. 분석자료

Ⅳ. 분석결과

Ⅴ. 요약 및 결론

키워드

Agricultural income variability Coefficient of variation Off-farm income Off-farm business income Off-farm labor income Bivariate two-part model