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농촌경제

The Characteristics of Technological Change in Rice Production in Korea

2007.11.01 9454
연구보고서 표지
  • 저자
    심우현
  • 등록일
    2007.11.01
  • 연구주제
    농업생산유통.
목차

I. Introduction and Problem Statement
II. Key Research Gaps to Explore
III. Objectives and Hypotheses
IV. Theoretical Framework
V. Methods and Data
VI. Discussion of Results
VII. Conclusion

요약문

In general, technical progress is regarded as the most important factor in economic growth. However, in reality, many economic phenomena are influenced by technical change biases in addition to technical level.
The purpose of this paper is to empirically explore elasticities of substitution and technical change biases among factors of rice production in Korea. The main characteristic of Korean agriculture is land- and labor-intensive using. Hence the result of estimating elasticities of substitution and technical change biases may show a different result from the U.S. agriculture.
The result of Allen elasticities and technological change biases shows that the demand for labor will be decreased if the price of land is increased and increase in wages will cause increase in the use of machinery and fertilizer. It also shows that if the price of machinery increases, the use of fertilizer will be increased.

In general, technical progress is regarded as the most important factor in economic growth. However, in reality, many economic phenomena are influenced by technical change biases in addition to technical level.
The purpose of this paper is to empirically explore elasticities of substitution and technical change biases among factors of rice production in Korea. The main characteristic of Korean agriculture is land- and labor-intensive using. Hence the result of estimating elasticities of substitution and technical change biases may show a different result from the U.S. agriculture.
The result of Allen elasticities and technological change biases shows that the demand for labor will be decreased if the price of land is increased and increase in wages will cause increase in the use of machinery and fertilizer. It also shows that if the price of machinery increases, the use of fertilizer will be increased.

저자정보
심우현Shim, Woohyun
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