Person:
Yamauchi, Futoshi

Agriculture and Rural Development Unit, Development Research Group, The World Bank
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Fields of Specialization
Agriculture and food security; economics of education; education, skills development, and the labor market
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Agriculture and Rural Development Unit, Development Research Group, The World Bank
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Last updated January 31, 2023
Biography
Futoshi Yamauchi is Senior Economist at the Agriculture and Rural Development unit of Development Research Group. His specializations include human capital formation, the labor market, agriculture, rural development, social learning, and governance issues in developing countries. He has extensive field experience in Indonesia, Kenya, Malawi, Philippines, Papua New Guinea, South Africa, Thailand, and Zambia. Recently, Futoshi has conducted analytical works to support the education sector in the Philippines and Papua New Guinea. His papers were published in major journals such as Journal of Development Economics, Economic Development and Cultural Change, Journal of Development Studies, World Development, Demography, Economics of Education Review, and others. Prior to the Bank, Futoshi was a research fellow at the International Food Policy Research Institute, and has taught at the National Graduate Institute for Policy Studies, Yokohama National University, and Kyoto University. Born in Japan, Futoshi received his B.A. in law and M.A. in economics from Hitotsubashi University, Tokyo, and his Ph.D. in economics from the University of Pennsylvania.
Citations 19 Scopus

Publication Search Results

Now showing 1 - 2 of 2
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    Long-term Impacts of Global Food Crisis on Production Decisions : Evidence from Farm Investments in Indonesia
    (World Bank, Washington, DC, 2012-05) Nose, Manabu ; Yamauchi, Futoshi
    Did the rise in food prices have a long-term impact on agricultural production? Using household-level panel data from seven provinces of Indonesia, this paper finds that the price shock created a forward-looking incentive to invest, which can dynamically enhance productivity in agriculture. It also finds that the impact of the price shock on investment behavior differs by initial wealth. In response to price increases, wealthy farmers invested more in productive assets, while poor farmers increased their financial savings as well as consumption. Price spikes relax liquidity constraints, which increases investments among the richer while do so savings and consumptions among the poor, possibly leading to diverging income inequality in the long run.
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    Long-term Impacts of Global Food Crisis on Production Decisions: Evidence from Farm Investments in Indonesia
    (Taylor and Francis, 2016-05-12) Nose, Manabu ; Yamauchi, Futoshi
    This 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.