자연재해 위험이 농지가격에 미치는 영향

• 영문명: Impacts of Natural Disaster Risk on Farmland Prices: Focusing on the Damage from Storm and Flood
• 발행기관: 한국농업경제학회
• 저자명: 김지은(Jieun Kim) 안동환(Donghwan An)
• 간행물 정보: 『농업경제연구』61권 3호, 25~41쪽, 전체 17쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.09.30

영문 초록

While the frequency and intensity of extreme weather events due to climate change is expected to gradually increase, various industrial groups are exposed to the effects of climate change. In particular, the agricultural sector is very vulnerable to natural disasters, as it causes damage to crops and farmland directly when an extreme event occurs. This study especially focused on the effect of the occurrence of storm and flood on farmland prices in Korea. The materials mainly used in this study are official land value, inundation trace map, and the properties of individual parcels and regions. In addition, Hausman-Taylor estimation method was used considering the endogeneity of the rice yield variable. It is shown that the number of disaster risk zones, inundation in the previous year, cumulative frequency, and the average inundation depth in the last three years have a negative effect on farmland prices. The results imply that the occurrence of natural disasters which can affect both net income from farmland and the value when converted to other uses in the future actually lead to price reduction. The flooding affects not only the production of crops, but also requires the repair cost for damaged farmland. This risk cost can be seen as a result of price internalization.

목차

Ⅰ. 서 론

Ⅱ. 분석방법과 분석자료

Ⅲ. 분석 결과

Ⅳ. 요약 및 결론

참고문헌

키워드

Climate Change Natural Disaster Inundation Depth Farmland Prices Hausman-Taylor Estimation