농가경제 재무구조의 변화분석

• 영문명: Analysis of Financial Structure Changes in Farm Economy
• 발행기관: 한국농업경제학회
• 저자명: 정대희(Dae Hee Chung) 임준혁(Junhyeok Im) 한두봉(Doo Bong Han)
• 간행물 정보: 『농업경제연구』59권 2호, 17~40쪽, 전체 24쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2018.06.30

영문 초록

The hardship of Korean agriculture has been increased due to market opening such as WTO negotiations, FTAs, and global financial crisis. Even though government subsidies and farmers’ voluntary efforts have increased farm assets, production and farm household income; however, farm income did not grow proportionally. Farm financial analysis helps to identify farm problems and also to find solutions. This study analyzes financial performance, Du-Pont analysis and structural changes of farm economy using various financial indicators since 1990. The objective of this study is to analyze how the farm financial structure in Korea has changed after experiencing agricultural market openings and the global financial crisis. This study finds that the ROE of farm economy has been steadily decreasing. The decline of profitability is the main cause of declining of net profit margin in farm economy. In addition, the ratio of asset to equity has decreased since the mid-2000s. As a result, farm investment has been shrinking and would hurt the future potential growth of farm economy.

목차

Ⅰ. 서 론

Ⅱ. 선행연구 분석

Ⅲ. 재무구조 변화 분석

Ⅳ. 결 론

키워드

Financial ratio Structure change Du-Pont analysis