Research Reports
A Study on livestock policy and productivity change
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AuthorJeong, Minkook
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Publication Date2008.02.01
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Original
The purpose of this study was to draw a policy subject analyzing the productivity changes in the livestock industry. In particular, the study analyses the trend of productivity changes and the ratio of output to input prices to observe the productivity change process. In addition, treasury loans and investments in the livestock industry were considered to analyze the impacts on the industry. Based on the results of the analysis, policy suggestions and recommendations are made for the entire livestock industry.
This paper divide into three sections. The first section includes an analysis on 'policy and productivity in the Korean beef and cow industry', the second section provides an analysis on 'policy and productivity in the Korean pork industry', and the third one analyzes on 'policy and productivity in the milk cow industries'. In particular, treasury loans and investments in the livestock industries were considered for the input and output change, total productivity, capital productivity, labor productivity, feed productivity for each industry.
Tornqvist and Malmqust indices of output and input quantity from Livestock production cost data of NAPQMS(National Agricultural Products Quality Management Service) are used for the time period of 1980 to 2006. For the study, the total productivity is estimated and it increased by 3.3 percent per year for the cow and beef industry, by 3.8 percent per year for the pork industry, and by 5.7 percent per year for the milk industry during the time period.
Researchers: Jeong, Min-Kook and Huh, Duk and Shin, Yong-Kwang.
Research period: 2007. 3. - 2007. 12.
E-mail address: mkjeong, huhduk, ykshin22@krei.re.kr
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