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An Analysis of Management Performance and Efficiency of Medician Crop Farm - Mainly on Angelica dahurica and Bupleurum falcatum -

약용작물의 경영성과와 효율성 분석 -구릿대와 시호를 중심으로-

  • Choi, Don-Woo (Gyongsangbuk-Do Agricultural Research & Extension Services) ;
  • Lim, Cheong-Ryong (Rural Research Institute Korea Rural Community Corporation)
  • Received : 2017.03.30
  • Accepted : 2017.06.09
  • Published : 2017.06.30

Abstract

This study was conducted to provide improvement measures for Korea's medicinal crop farmers whose business has been severely damaged by imported medicinal herbs. To accomplish this, the performance and efficiency of farming Angelica dahurica and Bupleurum falcatum were analyzed. The results of the analysis can be summarized as follows. First, the farming households cultivating Angelica dahurica had an average revenue of 1,363,000 KRW per 10 acres. The average income per 10 acres was 500,000 KRW, and the income ratio was 36.7%. Second, the farming households cultivating Bupleurum falcatum had an average revenue of 1,705,000 KRW per 10 acres, with an average income per 10 acres of 873,000 KRW and an income ratio of 44.6%. Third, the farming households cultivating Angelica dahurica were found to have a technical efficiency of 0.790, a pure technical efficiency of 0.856, and a scale efficiency of 0.924. Fourth, the farming households cultivating Bupleurum falcatum were found to have a technical efficiency of 0.670, a pure technical efficiency of 0.794, and a scale efficiency of 0.844. Both Angelica dahurica and Bupleurum falcatum farming households showed relative differences in technical efficiency. The pure technical aspects, rather than the scale aspects, were shown to contribute more to the differences.

Keywords

Management Performance;Angelica dahurica;Bupleurum falcatum;Efficiency Analysis;Data Envelopment Analysis

Acknowledgement

Supported by : 농촌진흥청

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