Long-term Impacts of Global Food Crisis on Production Decisions

dc.creatorNose, Manabu
dc.creatorYamauchi, Futoshi
dc.date2016-07-05T19:53:55Z
dc.date2016-07-05T19:53:55Z
dc.date2016-05-12
dc.date.accessioned2026-07-01T00:44:48Z
dc.descriptionThis paper estimates farmers’ investment response to food price spikes using household panel data collected before and after the 2007/08 food price crisis in Indonesia. We found that an increase in farmers’ terms-of-trade allowed relatively large crop-producing farmers to increase their investments at both extensive and intensive margins. Food price spikes had a significant income effect among farmers whose production surplus is large for market sales. During the food price crisis, large farmers particularly increased machine investments, which saved some labour inputs, pointing to the importance of complementarities between land and machine investments.
dc.formatapplication/pdf
dc.identifierThe Journal of Development Studies
dc.identifier0022-0388
dc.identifierhttps://hdl.handle.net/10986/24609
dc.identifier10.1080/00220388.2016.1171846
dc.identifier.urihttp://hdl.handle.net/123456789/410327
dc.languageen_US
dc.publisherTaylor and Francis
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectFood price crisis
dc.subjectFarm investment
dc.subjectSupply response
dc.subjectterms-of-trade
dc.subjectcash crops
dc.titleLong-term Impacts of Global Food Crisis on Production Decisions
dc.titleEvidence from Farm Investments in Indonesia
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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