Structural Changes and Forecasts of Agricultural Economy

Kyeongduk Kim, Jinkyo Suh, Byounghoon Lee and Woojin Song

Journal of Rural Development/Nongchon-Gyeongje, 2001, vol. 24, issue 2

Abstract: The employed in the agriculture, forestry, and fishery sector at 2001 are projected to decline by 2.3 % compared to the previous year. The decreasing rate, however, is reduced due to increases in unemployment rate in the non-agricultural sectors. The cultivated area in 200 l is expected to decrease by 1.5 % compared to 2000. The agricultural value added in 200 l at 1995 prices would decline little and mark minus growth rate, -1.5 % because production in grain including rice, and livestock is projected to be stagnant or decreased. The agricultural income in 200 l is expected to decrease 5. l % compared to that of 2000. The average farm household income, however, is projected to increase 0.5 % due to decreases in number of farm households.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:288050

DOI: 10.22004/ag.econ.288050

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