Grain Subsidy, Liquidity Constraints and Food security—Impact of the Grain ...

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英文文献：Grain Subsidy, Liquidity Constraints and Food security—Impact of the Grain Subsidy Program on the Grain-Sown Areas in China
英文文献作者：Yi, Fujin,Sun, Dingqiang
英文文献摘要：
This study examined the effects of China’s grain subsidy program, the largest food self-sufficiency project in the developing countries, on grain-sown areas within a context of liquidity constraints. A large household level panel was used to evaluate how the subsidy affects the cultivation schedule of farm households through the relaxation of households’ liquidity con?straints. Results suggest that in general, the grain subsidy program significantly improved farm households’ grain planting areas for liquidity-constrained households. This finding provides a more comprehensive understanding of the effects of China’s grain subsidy than previous studies

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