IDEAS home Printed from https://ideas.repec.org/p/tky/jseres/2009cj209.html
   My bibliography  Save this paper

"Farm Size, Productivity, and Speculative Motives in Agricultural Land: Why Japanese Farmers are So Small in Scale?" (in Japanese)

Author

Listed:
  • Hiroshi Ohashi

    (Faculty of Economics, University of Tokyo)

  • Keiji Saito

    (National Institute of Science and Technology Policy)

Abstract

This paper examines the effect of speculative motives in agricultural land on farm size and labor productivity in Japan, by use of the prefecture- and size-level census panel data in the period from 1990 to 2005. The paper employs a discrete choice model to formulate the farm behavior in the choice of land size (including exit), and then simulates the model to assess the counterfactual situation in the absence of speculative motives. While it identifies the existence of strong increasing returns, the paper finds that speculative motives in agricultural land do account for why Japanese farm size is small in scale. Our simulation result reveals that in the absence of the speculations, farm size would have become larger by 30 percent and labor productivity increased by more than 20 percent.

Suggested Citation

  • Hiroshi Ohashi & Keiji Saito, 2009. ""Farm Size, Productivity, and Speculative Motives in Agricultural Land: Why Japanese Farmers are So Small in Scale?" (in Japanese)," CIRJE J-Series CIRJE-J-209, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:jseres:2009cj209
    as

    Download full text from publisher

    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2009/2009cj209.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tky:jseres:2009cj209. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CIRJE administrative office (email available below). General contact details of provider: https://edirc.repec.org/data/ritokjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.