The Coronavirus disease (COVID-19), first identified in China in December 2019, has widely spread worldwide and is an ongoing pandemic. It is expected that the ripple effect of COVID-19 on the global economy including the agricultural sector will increase substantially if not properly controlled shortly. This study examines the potential impact of COVID-19 on the Korean beef cattle sector and farm labor demand for Korean beef cattle using a dynamic partial equilibrium model. The agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming pessimistic GDP growth rate (-1.2% in 2020) with no direct supply shocks fell by up to 4.00% and 0.67%, respectively, compared to the baseline which represents the future without COVID-19 outbreak. On the other hand, the agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming both pessimistic GDP growth rate and supply shocks (-12.7% beef imports and + 2.4% feed cost in 2020) increased by up to 12.08% and 1.99%, respectively, compared to the baseline.

Ⅰ. 서 론
Ⅱ. 분석 모형 및 분석 자료
    1. 분석 모형
    2. 분석 자료
Ⅲ. 분석 결과
    1. 기준전망치 시뮬레이션 결과
    2. 시나리오 설정
    3. 시나리오 시뮬레이션 결과
Ⅳ. 요약 및 결론
References

• 김인석(전남대학교 농업경제학과) | Kim In-Seck Corresponding author