The purpose of the study was to analyze effectiveness of Korea’s bilateral development cooperation for the agricultural sector in Myanmar using secondary time-series data from 1991 and 2018. This study utilized the Vector Error Correction Model (VECM). Results showed that Korea’s bilateral development cooperation in the agricultural sector had a positive effect on the agricultural GDP in Myanmar with a significant contribution. This study suggests that the Myanmar government needs to use ODA (Official Development Assistance) for efficient and sustainable agriculture in a more timely and manageable manner. Although the agricultural sector in Myanmar has great potential for development, there are various weaknesses such as the lack of access to foreign aid compared to other ASEAN countries due to the lack of stability in policy legislation. If it formulates better agricultural policies, laws, and legislation, there would be more support from Korea and other partner countries than ever before.

ABSTRACT
INTRODUCTION
Analytical Framework and Model Specification
Empirical Results
CONCLUDING REMARKS
적 요
ACKNOWLEDGMENTS
REFERENCES

• Htet Htet Aung(Kangwon National University, Graduate School, Department of Agricultural and Resource Economics) | 테테앙 (강원대학교 대학원 농업자원경제학과)
• Dae Seob Lee(Kangwon National University, Graduate School, Department of Agricultural and Resource Economics) | 이대섭 (강원대학교 대학원 농업자원) Corresponding author