This paper investigates, through a dynamic stochastic adjustment model the extent to which an active agricultural policy can be the source of volatility in agricultural investment. It is shown that noise in formulation of agricultural policy has adverse effects even in cases where earlier results would take that investment is increased.

本文通过一个动态随机调整模型，研究了积极的农业政策在多大程度上可以成为农业投资波动的根源。研究表明，在农业政策的制定过程中，即使在先前的结果表明投资增加的情况下，噪声也会产生不利的影响。