Document Type

Article

Publication Date

10-15-2000

Keywords

economic development, South Korea, South Dakota, agriculture

Abstract

Structural change is an ongoing feature of economic development around the world. Despite vast differences in the structural organization of South Korean and South Dakota (U.S) agriculture, many structural changes are similar. This paper includes a comparative review of selected structural changes in Korean and South Dakota (U.S.) agriculture and the relative impact of forces affecting structural changes in both nations. Reduced economic impact of farm sector, farm population and farm size trends, full-time vs. part-time farming, changing food consumption, imports and exports are some of the major structural trends examined. Implications of changing agricultural structure in South Korea and South Dakota for agribusiness are discussed.

Publisher

Department of Economics, South Dakota State University

Series Number

2000-12

Number of Pages

21

Download

Included in

Economics Commons

Share

COinS