순자산가치를 고려한 농가의 빈곤탈출 요인 분석 = Factors Affecting Exit from Poverty of Farm Households Based on an Income-Net Worth Approach

다국어 초록 (Multilingual Abstract)

This study examined the factors affecting exit from poverty of farm household based on an income net worth approach by using a stratified Cox proportional hazard model called PWP-CP model. We found that exit from poverty is more difficult for the households who are young, female headed, and small scale. Our results also show that farm households with less land and transfer income including subsidies are more likely to suffer from long-term poverty. These results imply that with an expansion to subscribe Reverse Mortgage Products such as farmland pensions, income diversification policies such as the 6th-industrialization policies, and the expansion of a fundamental welfare policy should be also considered important in order to solve long-term poverty problems of the farm household.