Is Aging the Important Factor for Sustainable Agricultural Development in Korea? Evidence from the Relationship between Aging and Farm Technical Efficiency

This paper examines the effects of aging and income subsidies on farm efficiency in Korea by utilizing the Korean Farm Household Economic Survey from 2008 to 2015. A stochastic frontier model with a non-monotonic assumption on the effect of efficiency factors is implemented to reflect a super aging...

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Bibliographic Details
Main Authors: Jun Ho Seok, Hanpil Moon, GwanSeon Kim, Michael R. Reed
Format: Article
Language:English
Published: MDPI AG 2018-06-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/10/7/2137