Research Reports
A Study on the Development of a Machine Learning-Based Hanwoo Consumption Index
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AuthorKim, Jinnyoun
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Publication Date2026.04.06
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Original
Purpose of Research
○ The main purpose of this study is to develop consumer-side indicators as an alternative to existing supply-based estimation methods, given the lack of direct observational data on Korean beef consumption.
○ In particular, this study develops a machine learning-based Hanwoo consumption Index that incorporates various non-price and socio-economic factors to better capture fluctuations in actual consumption.
○ Using machine learning techniques, this study derives a consumption index for Hanwoo by learning latent fluctuation patterns in consumption and expressing them as relative changes in demand intensity compared to a base year, thereby reflecting time-series trends.
(For more information, please refer to the report.)
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