농가 유형별 재무성과 분석

Analyzing Financial Performances by Farm Household Types

This paper investigated the farming activities of Korean farm households based on their asset utilization performances from 2008 to 2018. We used three financial ratios and set each criteria for classifying farm households: the profitability, the stability, and the growth rate of farm assets. According to the analysis results, the proportion of highly profitable farm households decreased during 2008 to 2018, the proportion of highly stable farm households did not show much change, and the proportion of fast growing farm households increased. In this process, the growth of farm assets was achieved through an increase in nominal value, not through the expansion of farming scale. The analysis on the factors of the financial performances shows that the financial performances varied depending on the characteristics of farm households. Factors such as the age of farm owners, the types of farming, and changes in farmland prices affected the financial performances of farm households, but the stability was relatively less related to the characteristics of farm households compared to the profitability and the growth.