Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Entire DC Network
Agricultural Policy, Off-Farm Income, And Farmland Values: The Case Of South Korea, Hyunjeong Joo
Agricultural Policy, Off-Farm Income, And Farmland Values: The Case Of South Korea, Hyunjeong Joo
LSU Doctoral Dissertations
Farmland plays a dual role for farm business households; it can be both a production cost and an asset. As a production cost, farmland affects farm production decisions. As an asset, farmland comprises 80% of the total farm households’ assets. The total land available for farming is decreasing due to non-farming demand for land. The primary goal of this dissertation is to examine the impact of farm household income on farmland values. Specifically, I will assess the impact of off-farm income and government subsidies on farmland values in South Korean farm households. The majority of the studies on off-farm income, …