Have the Agricultural Public Investments Improved Rice Productivity through Farmland Usage Reallocation?: An Empirical Study on Japanese Paddy-field Rental Transactions
This paper aims to analyze the effects of paddy-field consolidation projects by using the stochastic model. Empirical results showed that the degree of effects, realized as a rise in rental rate and rental-area, vary in each region and that several factors influencing the project effects can be evaluated quantitatively.