A Model of an Agricultural Household in a Multi-Crop Economy: The Case of Korea
整合计量经济学与线性规划模型，将农业家庭理论扩展到多作物经济，并用韩国数据比较了外生利润与内生利润两种模型下家庭对价格变化的反应，指出需重新认识发展中国家农业家庭的经济行为。
It is the purpose of this paper to describe one method of extending the empirical applicability of the theory of the farm-household to multi-crop economies by integrating the econometric and linear programming models already available in the literature. Section I introduces the subject. In Section II the theoretical model is presented. In Section III Korean data are used to assess the quantitative significance of the approach by calculating and comparing household response to changes in input and output prices for two different specifications of the models. First, the household is analyzed from the consumption side on the assumption that farm profits are exogenous; this corresponds to the standard approach in consumer demand theory. And second, results are presented for a model in which consumption and production responses are integrated in a theoretically consistent fashion, and farm profits are allowed to reflect production responses to price changes. The results from this and other studies that use an integrated approach to production and consumption decisions highlight the need to change perceptions concerning agricultural household response to economic incentives in developing countries and to revise the design of economic projects and policies accordingly.