INTRODUCTION In the process of economic development in Korea, the agricultural sector contributed to the development of the Korean economy by providing land, labor and capital to secondary and tertiary industries in addition to contributing to the preservation of land resources and the...
Country: Korea Topic: Overview
ABSTRACT Statistics Korea (KOSTAT) had quarterly conducted the Household Income and Expenditure Survey (HIES) to analyze households’ current conditions and changes of living until 2016. In 2017, the Household Income and Expenditure Survey was divided into two sections: a quarterly survey on...
Country: Korea Topic: Agribusiness
ABSTRACT The Korean agricultural situation is expected to change more rapidly in future. In particular, the globalization and expansion of food markets in the world following the expansion of market liberalization would also require a new agricultural paradigm. It is important to seek a new...
Country: Korea Topic: Smart agriculture
ABSTRACT Korean GAP certification system plays an important role in the consumer-friendly and eco-friendly development of Korean agriculture. It was established in 2006. Since then the number of certified farms has been continuously increased. In 2017, it exceeded 86,000, which is approximately 8....
INTRODUCTION Farm economy in Korea has long been said to suffer from “double squeezing” in lowered revenue along with increased operation costs, which is believed to have a negative impact on the sector’s long-term sustainability and re-productivity. In addition, a sign of income equality being...