논문 상세보기
pp.12-17
The Ministry of Agriculture, Forestry, Livestock and Food in Korea has done an R&D project to develop new corn and soybean varieties and cultivation technologies with Seoul National University and on-site company for three years in Russia, where Korean government has done the overseas’ agriculture for more than a decade. The objective of this study is to analyze the investment value of three years’ funding. For this, a Cost-Benefit and Scenario analysis approaches were used. The results revealed that 1) For the case of soybean, cost seems to outweigh benefits under a pessimistic scenario, but otherwise in case of neutral and optimistic scenarios. 2) The result of corn shows high economic efficiency for all scenarios. 3) The most important implication of this study is that Korea’s oversea agriculture R&D projects need to expand to different countries, regions, and crops.
