KER
Productivity Growth in Korean Agriculture, 1998-2002: Analysis of Multi- Output Production Technolog
Hye Jung Kang발행년도2007Vol.23No.2
초록
This article analyzes the productivity growth in Korean agriculture withdata on multiple crops, over the five years, from 1998 to 2002.Measurements are obtained from the estimation of a stochastic multi-outputdistance function. This study corrects for sample selection bias in the contextof a translog functional form that appears when some farms produce only asubset of the potential outputs. The results find that technological change hascaused a significant productivity change. Larger farms experience thehighest rate of productivity growth by the greatest rate of scale effect. Morehuman capital also leads higher productivity growth rates.