Journal of Korean Society of Rural Planning (농촌계획)

Korean Society of Rural Planning (한국농촌계획학회)
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Analyzing Relationship between Ginseng Production and Meteorological Factors

인삼 생산량과 기상요인과의 관련성 분석

  • Ji, Kyung Jin (Department of Agricultural and Resource Economics, Kangwon National University) ;
  • Lee, Yoonsuk (Department of Agricultural and Resource Economics, Kangwon National University) ;
  • Lee, Jong In (Department of Agricultural and Resource Economics, Kangwon National University)
  • 지경진 (강원대학교 농업자원경제학과) ;
  • 이윤숙 (강원대학교 농업자원경제학과) ;
  • 이종인 (강원대학교 농업자원경제학과)
  • Received : 2021.04.05
  • Accepted : 2021.05.26
  • Published : 2021.05.31
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Abstract

This study focuses on the relationship between ginseng production per area and meteorological factors. Four areas of major ginseng production are considered in the study. Chungcheongnam-do and Gyengsangbuk-do are selected as the original major production places and Gyeonggi-do and Kangwon-do are selected as the new major places. The meteorological factors applied for study are the average temperature, accumulated precipitation, and integrated sunshine hours. With the data collected across four areas, we used a panel data analysis. From the results of Hausman test, the fixed effects model allowing to control individual area effect is preferable to the random effects model. Based on the results of the fixed effects model, the accumulated precipitation statistically and significantly affect the decreases in ginseng production. Changes in the average temperature negatively affect ginseng production, but the value is not statistically significant. The integrated sunshine positively affect ginseng production, but the value is not statistically significant.

Keywords

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