The Korean government announces that a farmland reverse mortgage system(FRMS) will be established in 2011 in the world for the first time. It liquidates the farmland assets of the rural elderly land owners, like the housing reverse mortgage which liquidates the housing assets of elderly homeowners in order to resolve the lack of living costs for the elderly farmers. The purpose of this study suggests the long-term forecasting method farmland price which is a key factor in establishing the model of farmland reverse mortgage. It uses an ARIMA and Monte Carlo Simulation method (Integrated model) to reflect the stochastic aspect which is included in the long-term land value forecasting. The farmland value forecasted with Integrated model shows the probability distribution considering the volatility of farmland price rate. The future higher value in the FRMS actuarial model results in the less default risk in the aspect of a FRMS lender. Its results show that the price of Jun(the land use of field for cultivating farm products) is higher than that of Dab(the land use of paddy field) in the deterministic estimation method. It concludes that the Integrated model which reflects the uncertainty and volatility in the long-term forecasting method is better than ARIMA, VAR, or deterministic method for the building the value forecasting model for the establishment of the long-term FRMS.
목차
Abstract 1. 서론 2. 농지역모기지 계리모형과 농지가격예측의 이론적 검토 2.1. 농지역모기지 계리모형 2.2. 농지가격예측 관련 연구 3. 농지가격 예측모형의 정립 4. 농지가격예측 및 시뮬레이션 4.1. 분석자료: 지가변동률통계 4.2. 시계열분석 4.3. 농지가격예측 및 시뮬레이션 5. 결론 참고문헌
한국지역개발학회 [The Korean Regional Development Association]
설립연도
1989
분야
사회과학>지역개발
소개
국토의 균형발전과 도시 및 농촌지역 계획에 관한 이론을 종합적으로 연구하고 지역개발에 관한 학문적, 실용적 연구발전을 통하여 지속가능한 지역발전에 기여함을 목적으로 한다.
또한 세계화 시대에 부응하여 아시아지역의 선도적인 지역개발 경험을 바탕으로 개발도상국가의 지역개발전략 및 개발사업을 지원한다.
간행물
간행물명
한국지역개발학회지 [Journal of the Korean Regional Development Association]