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LEE, Guenwoo

Assistant Professor / Research Division of Comparative and World Economics
Specialization: Development Economics, Agricultural Economics


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Previous research

I have conducted an empirical study related to small scale farmers in developing countries to explore the kind of economic development strategy that is desirable for poverty reduction. Theoretically, having scant market information may affect producers negatively in at least two ways. First, the farmers may suffer from information asymmetries, i.e., farmers uninformed of market coffee prices may suffer a loss when they transact with traders who are superior to the farmers in terms of market information access. Second, it is highly likely that small scale farmers lacking sufficient information to predict the crop price fluctuations may overinvest or underinvest in their farms. As a result, they can be burdened with a heavy debt and may even have to abandon their farms. Therefore, I have conducted the following:
1. Evaluations of the impact of market information system on coffee producers’ revenues and profits in Ethiopia.
2. Field experiments on the diffusion of agricultural information through the social network of Vietnamese shrimp farmers.
3. Studies on the motivation for information exchange in the virtual community of shrimp farmers.

Current research projects

The following projects are currently in progress:
1. Social network analysis that used data from a sample survey. This study aims to propose a sample survey to replace the social network census.
2. Determinants of technology adoption. This study aims to clarify the reasons why farmers do not adopt new technologies or practices despite being aware of their excellence.
3. Targeting methods for disseminating accurate information. This study aims to compare several targeting methods for the diffusion of farming practices to farmers.

Development economics, Intensive shrimp farming, International cooperation, Social network analysis