A Study on Success Factors in the 6th Industrialization of Agriculture in Korea and China: A Focus on the Moderating Effects of Physical Humanistic Resources
Journal of International Trade & Commerce, Vol.13, No.4, pp.177-196
20 Pages Posted: 6 Nov 2017
Date Written: August 22, 2017
Abstract
Rural communities in both Korea and China have faced important negative conditions, such as a population decrease, aging, and the increasing income gap between urban and rural areas. To overcome these problems, a new change is needed in rural areas. In recent years, the 6th industrialization of agriculture, which seeks the convergence of the primary, secondary, and tertiary industries to revitalize agriculture and rural villages, has attracted considerable attention as an alternative. Meanwhile, Korea and China have plentiful humanistic resources. However, there are few studies on how humanistic resources affect the success in the 6th industrialization of agriculture. The goal of this study it to carry out empirical tests on Korea and China, using key successful factors―technology, manpower, market expansion, government support, linkages among industrial subjects―for the 6th industrialization of agriculture and find moderating effects of physical humanistic resources. Results suggest some valuable implications, and differences between Korea and China.
Keywords: China, Humanistic Resources, Korea, 6th Industrialization of Agriculture
JEL Classification: M19, Q18, R19
Suggested Citation: Suggested Citation