지가 상승이 신규 진입농과 기존 농가의 유동성 격차에 미치는 영향

• 영문명: Increases in Land Price and Liquidity Gap between Beginning and Existing Farmers
• 발행기관: 한국농업경제학회
• 저자명: 김영준(Youngjune Kim)
• 간행물 정보: 『농업경제연구』63권 3호, 19~31쪽, 전체 13쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2022.09.30

영문 초록

Land price has increased significantly in recent years, affecting the liquidity gap between beginning farmers and existing farmers. The liquidity gap could result in widening inequalities in land size, asset gaps and loan alienation of beginning farmers. Using two 5-year farm-level panel dataset from the Korean Farm Household Economy Survey, this paper estimates the effect of increases in land price on borrowing with a developed identification strategy. Based on the estimates, this paper analyzes the extent of the liquidity gap between beginning farmers and existing farmers due to increases in land price. The results show that a 1% increase in farmland wealth is associated with farmers’ borrowing increase by 1.82%. The results also indicate that a 20% increase in farmland wealth leads to a 6.6 million won in liquidity gap between beginning farmers and existing farmers.

목차

Ⅰ. 서 론

Ⅱ. 분석 자료

Ⅲ. 추정 전략

Ⅳ. 추정 결과

Ⅴ. 결 론

참고문헌

키워드

Beginning Farmers Land price Liquidity Gap Farmland-secured Borrowing Dynamic Panel Model