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英文文献：Long-term Impacts of Global Food Crisis on Production Decisions: Evidence from Farm Investments in Indonesia-全球粮食危机对生产决策的长期影响:来自印度尼西亚农业投资的证据
英文文献作者：Nose, Manabu,Yamauchi, Futoshi
英文文献摘要：
Did the rise in food prices have a long-term impact on agricultural production? Using household-level panel data from seven provinces of Indonesia, we examine whether the 2007-08 food price crisis triggered farm investments. Empirical results show that (i) the food price crisis created a forward-looking incentive to invest, which can increase farm productivity in the long run, (ii) the expectation formation plays an important role in determining the impact, and (iii) the impact differs by the initial wealth; the positive price shock relaxed liquidity constraints among the poor. Implications on inequalities in income and productivity are discussed.
食品价格上涨对农业生产有长期影响吗?利用印度尼西亚7个省的家庭层面的面板数据，我们研究了2007-08年食品价格危机是否引发了农业投资。实证结果表明:(i)粮食价格危机产生了前瞻性的投资激励，可以在长期内提高农业生产率;(ii)预期形成对影响的决定起重要作用;(iii)初始财富的影响不同;正面的价格冲击放松了穷人之间的流动性约束。讨论了收入和生产力不平等的影响。
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