Update documentation.md

docs/src/documentation.md

@@ -15,7 +15,7 @@ Documentation for [ReplicationPackage_KexinCHEN_JinxuMI](https://github.com/Kexi
 
 <p align="justify"> The paper's primary purpose is to assess the effects of a significant land reform on agricultural productivity in the Philippines. The 1988 Comprehensive Agrarian Reform Program put a ceiling on the quantity of private land holdings, leading to a drop in farm size and productivity. Using the Decennial Agricultural Census Data and Philippines Cash Cropping Project survey data, the authors can construct balanced panel data that tracks the farm-level changes before and after the reform, controlling for farmer ability and location. </p>
 
-<p align="justify"> The Philippines' 1988 Comprehensive Agrarian Reform Law put a 5-hectare ceiling on individual land ownership. The redistribution at fair market value was implemented by the end of 1990. The data show that land redistribution led to a -11.6 \% decrease in land productivity from 1990 to 1993. Even though the ceiling was not perfectly implemented, this study still discovered a significant change in farm size. The share of small farms almost doubled while the share of more giant farms shrank. This phenomenon was verified by farm-level survey data as well.  </p>
+<p align="justify"> The Philippines' 1988 Comprehensive Agrarian Reform Law put a 5-hectare ceiling on individual land ownership. The redistribution at fair market value was implemented by the end of 1990. The data show that land redistribution led to a -11.6% decrease in land productivity from 1990 to 1993. Even though the ceiling was not perfectly implemented, this study still discovered a significant change in farm size. The share of small farms almost doubled while the share of more giant farms shrank. This phenomenon was verified by farm-level survey data as well.  </p>
 
 <p align="justify"> The authors also build a model to estimate the effect of reform distortion quantitatively. In the production sector, a farm produces with farmer productivity, economy-wide productivity, land input, and labor input. The farm can choose from producing cash crops or food crops. Therefore, production would be influenced by crop-specific productivity parameters and fixed costs. After profit maximization, the authors have the input demand functions and profits linear in productivity and market distortion parameters. Farmers will choose to become workers, food crop farm operators, or cash crop farm operators based on their individual productivity and occupation-choice thresholds.</p>