Journal of Agricultural Extension & Community Development (농촌지도와개발)

Korean Society of Agricultural Extension (한국농촌지도학회)
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Income-Consumption and Inequality Structural Changes in the Agricultural Economy

농가경제의 소득-소비와 불평등 구조 변화 분석

  • Ha-Young Jeong (Department of Community Development, College of Industrial Science, Kongju National University) ;
  • Ye-Jin Song (Department of Community Development, College of Industrial Science, Kongju National University) ;
  • Duk-Byeong Park (Department of Community Development, College of Industrial Science, Kongju Naitonal University)
  • 정하영 (공주대학교 산업과학대학 지역사회개발학과) ;
  • 송예진 (공주대학교 산업과학대학 지역사회개발학과) ;
  • 박덕병 (공주대학교 산업과학대학 지역사회개발학과)
  • Received : 2023.12.04
  • Accepted : 2023.12.20
  • Published : 2023.12.31
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Abstract

This study aims to examine the farm household income and consumption structure change as well as farm income inequality. Data from the Agricultural Household Survey for the years 2016, 2021, and 2022 were hired to analyze farm income inequality by the Gini coefficient decomposition method. Results show that from 2016 to 2021, all income quintiles exhibited an increasing trend, but in 2022, income decreased across all quintiles. As a result of analyzing farm household consumption expenditure, consumption expenditure increased in all income quintiles in 2021 and 2022 compared to 2016, but consumption of optional goods decreased in the fifth quintile. In addition, it was found that farmers in the first quartile had higher consumption expenditures and expenditures on options than those in the second quartile. The analysis of farm income by region show that public subsidies increased significantly for general rural farmers than for farmers in special and metropolitan areas in all income quintiles during the period. In the case of the first quintile, farm household income in rural areas in special and metropolitan cities increased compared to general rural areas. In the fifth quartile, agricultural income and sideline income in general rural areas increased compared to rural areas in special and metropolitan cities, while rural areas in special and metropolitan cities increased non-business income compared to rural areas. Results of farming income inequality by income type show a steady decline in inequality from 2016 to 2022, indicating that the decreasing gini coefficinet of public subsidies is contributing to the decline in farm income inequality. Private subsidies and side income are shown to increase inequality.

Keywords

References

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