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 - 5 of 5
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    Population Pressures, Migration, and the Returns to Human Capital and Land : Insights from Indonesia
    (World Bank, Washington, DC, 2014-02) Liu, Yanyan ; Yamauchi, Futoshi
    Rapid population growth in many developing countries has raised concerns regarding food security and household welfare. To understand the consequences of population growth in a general equilibrium setting, this paper examines the dynamics of population density and its impacts on household outcomes. The analysis uses panel data from Indonesia combined with district-level demographic data. Historically, Indonesia has adapted to land constraints through a mix of agricultural intensification, expansion of the land frontier, and nonfarm diversification, with public policies playing a role in catalyzing all of these responses. In contemporary Indonesia, the paper finds that human capital determines the effect of increased population density on per capita household consumption expenditure. On the one hand, the effect of population density is positive if the average educational attainment is high (above junior high school), while it is negative otherwise. On the other hand, farmers with larger holdings maintain their advantage in farming regardless of population density. The paper concludes with some potential lessons for African countries from Indonesia's more successful rural development experiences.
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    Wage Growth, Landholding, and Mechanization in Agriculture : Evidence from Indonesia
    (World Bank, Washington, DC, 2014-02) Yamauchi, Futoshi
    This paper uses farm panel data from Indonesia to examine dynamic patterns of land use, capital investments, and wages in agriculture. The empirical analysis shows that an increase in real wages has induced the substitution of labor by machines among relatively large farmers. Large farmers tend to increase the scale of operation by renting in more land when real wages increase. Machines and land are complementary if the scale of operation is greater than a threshold size. In contrast, such a dynamic change was not observed among relatively small holders, which implies a divergence in the movement of the production frontier between Java and off-Java regions given that the majority of small farmers are concentrated in Java.
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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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    Wage Growth, Landholding, and Mechanization in Chinese Agriculture
    (World Bank Group, Washington, DC, 2014-12) Wang, Xiaobing ; Yamauchi, Futoshi ; Otsuka, Keijiro ; Huang, Jikun
    This paper uses farm panel data from China to examine the dynamics of land transactions, machine investments, and the demand for machine services. Recently, China's agriculture has experienced a large expansion of machine rentals and machine services provided by specialized agents, which has contributed to mechanization of agricultural production. The empirical results show that an increase in nonagricultural wage rates leads to expansion of self-cultivated land size. A rise in the proportion of nonagricultural income or the migration rate also increases the size of self-cultivated land. Interestingly, however, relatively educated farm households decrease the size of self-cultivated land, which suggests that relatively less educated farmers tend to specialize in farming. The demand for machine services has also increased if agricultural wage and migration rate increased over time, especially among relatively large farms. The results on crop income support the complementarity between rented-in land and machine services (demanded), which implies that scale economies are arising in Chinese agriculture with mechanization and active land rental markets.
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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.