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이상영,천동원,한원식 한국농업정책학회, 한국축산경영학회 2001 농업경영정책연구 Vol.28 No.3
According to the analysis results on Korean cattle cooperatives, it is considered that the conditions of members' welfare, payment and education were poor because of short establishment period and unexpected financial crisis. However, the representative's farm management ability and planning was well prepared. Viewing the components of investment in the cooperative, while the proportion of investment in kind was getting bigger, investment in cash and in kind were increased by 28.6% and 78.2%, respectively compared with the beginning stage. Most of the investment in kind was destined to land and facilities. Per capita investment was increased by 11.6million won from 21.3million won at the beginning to 32.9million won. The component ratios of fixed capital such as facility and equipment were composed of 36.4% of subsidy, 43.1% of loan and 20.5% of self-support. Results of the economic analysis on the cooperatives by farming system identified that the highest profitability and productivity were achieved by Type II on increasing value-added followed by Type I of concentrating on hanwoo production, Type III on selling input and Type IV on saving input. Investment analysis based on the amount of allowable investment limit also shows that all farming systems except Type II invested over an appropriate level. Most influential factors affecting cooperative's profitability were record keeping and selling type. The effects of the cooperatives' operating system and subsidy on profitability were statistically insignificant.