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Land Sales and Rental Markets in Transition

Land Sales and Rental Markets in Transition PDF Author: Klaus W. Deininger
Publisher: World Bank Publications
ISBN:
Category : Land tenure
Languages : en
Pages : 35

Book Description
The extent to which households should be allowed to transfer their land rights in post-socialist transition economies is of considerable policy interest. The authors use data from Vietnam, a transition country that allows rental and sales of land use rights, to identify factors conducive to the development of land markets and to assess the extent to which land transfers enhance productive efficiency and transfer land to the poor. They find that activity in both rental and sales markets has increased rapidly, enhanced by the possession of long-term use rights and off-farm employment, and contributing to greater equity and efficiency of land use. While there is evidence for distress sales by households that experience a shock (death), the scope for such sales is reduced by well-functioning credit markets. Well-defined land rights and appropriate safety nets will thus help transition economies to realize the benefits from the operation of land markets.

Land Sales and Rental Markets in Transition

Land Sales and Rental Markets in Transition PDF Author: Klaus W. Deininger
Publisher: World Bank Publications
ISBN:
Category : Land tenure
Languages : en
Pages : 35

Book Description
The extent to which households should be allowed to transfer their land rights in post-socialist transition economies is of considerable policy interest. The authors use data from Vietnam, a transition country that allows rental and sales of land use rights, to identify factors conducive to the development of land markets and to assess the extent to which land transfers enhance productive efficiency and transfer land to the poor. They find that activity in both rental and sales markets has increased rapidly, enhanced by the possession of long-term use rights and off-farm employment, and contributing to greater equity and efficiency of land use. While there is evidence for distress sales by households that experience a shock (death), the scope for such sales is reduced by well-functioning credit markets. Well-defined land rights and appropriate safety nets will thus help transition economies to realize the benefits from the operation of land markets.

Land Sales and Rental Markets in Transition

Land Sales and Rental Markets in Transition PDF Author: Klaus Deininger
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Impact and desirability of land transfers in post-socialist-transition economies have been subject of considerable debate. We use data from Vietnam to identify factors conducive to the development of land markets and to assess potentially differential impacts of rental and sales. Results show that both rental and sales transfer land to more productive producers but that rental is more important for the poor to access land that becomes available as the non-farm economy develops. The fact that secure land rights significantly increase supply of land to the rental market suggests that government has a key role in facilitating emergence and functioning of efficiency-enhancing land markets.

Land Sales and Rental Market in Transition: Evidence from Rural Vietnam

Land Sales and Rental Market in Transition: Evidence from Rural Vietnam PDF Author: Klaus Deininger
Publisher:
ISBN:
Category :
Languages : en
Pages : 23

Book Description


Determinants and Consequences of Land Sales Market Participation: Panel Evidence from India

Determinants and Consequences of Land Sales Market Participation: Panel Evidence from India PDF Author: Klaus Deininger
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 29

Book Description
Although opinions on impacts of land market transfers are sharply divided, few studies explore the welfare and productivity effects of land markets on a larger scale. This paper uses a large Indian panel spanning almost 20 years, together with a climatic shock (rainfall) indicator, to assess the productivity and equity effects of market-mediated land transfers (sale and purchase) compared with non-market ones (inheritance). The analysis shows that frequent shocks increase land market activity, an effect that is mitigated by the presence of safety nets and banks. Land sales markets improved productivity and helped purchasers, many of whom were formerly landless, to accumulate non-land assets and significantly enhance their welfare.

Land-tenure policy reforms: Decollectivization and the Doi Moi system in Vietnam

Land-tenure policy reforms: Decollectivization and the Doi Moi system in Vietnam PDF Author: Michael Kirk, Nguyen Do Anh Tuan
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 40

Book Description


Efficiency and Equity Impacts of Rural Land Rental Restrictions: Evidence from India

Efficiency and Equity Impacts of Rural Land Rental Restrictions: Evidence from India PDF Author: Klaus Deininger
Publisher: World Bank Publications
ISBN:
Category : Access to information
Languages : en
Pages : 33

Book Description
Recognition of the potentially deleterious implications of inequality in opportunity originating in a skewed asset distribution has spawned considerable interest in land reforms. However, little attention has been devoted to the fact that, in the longer-term, the measures used to implement land reforms, especially rental restrictions, could negatively affect productivity. Use of state level data on rental restrictions, together with a nationally representative survey from India suggests that, contrary to original intentions, rental restrictions negatively affect productivity and equity by reducing scope for efficiency-enhancing rental transactions that benefit poor producers. Simulations suggest that, by doubling the number of producers with access to land through rental, from about 15 million currently, liberalization of rental markets could have far-reaching impacts.

Land in Transition

Land in Transition PDF Author: Martin Ravallion
Publisher: World Bank Publications
ISBN: 9780821372760
Category : Political Science
Languages : en
Pages : 216

Book Description
This book is a case study of Vietnam's efforts to fight poverty using market-oriented land reforms. In the 1980s and 1990s, the country undertook major institutional reforms, and an impressive reduction in poverty followed. But what role did the reforms play? Did the efficiency gains from reform come at a cost to equity? Were there both winners and losers? Was rising rural landlessness in the wake of reforms a sign of success or failure? 'Land in Transition' investigates the impacts on living standards of the two stages of land law reform: in 1988, when land was allocated to households administratively and output markets were liberalized; and in 1993, when official land titles were introduced and land transactions were permitted for the first time since communist rule began. To fully assess the poverty impacts of these changes, the authors' analysis of household surveys is guided by both economic theory and knowledge of the historical and social contexts. The book delineates lessons from Vietnam's experience and their implications for current policy debates in China and elsewhere.

Proven Successes in Agricultural Development

Proven Successes in Agricultural Development PDF Author: David J. Spielman
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 648

Book Description
The world has made enormous progress in the past 50 years toward eliminating hunger and malnutrition. While, in 1960, roughly 30 percent of the world's population suffered from hunger and malnutrition, today less than 20 percent doessome five billion people now have enough food to live healthy, productive lives. Agricultural development has contributed significantly to these gains by increasing food supplies, reducing food prices, and creating new income and employment opportunities for some of the world's poorest people.This book examines where, why, and how past interventions in agricultural development have succeeded. It carefully reviews the policies, programs, and investments in agricultural development that have reduced hunger and poverty across Africa, Asia, and Latin America over the past half century. The 19 successes included here are described in in-depth case studies that synthesize the evidence on the intervention's impact on agricultural productivity and food security, evaluate the rigor with which the evidence was collected, and assess the tradeoffs inherent in each success. Together, these chapters provide evidence of "what works" in agricultural development.

Does Rising Landlessness Signal Success Or Failure for Vietnam's Agrarian Transition?

Does Rising Landlessness Signal Success Or Failure for Vietnam's Agrarian Transition? PDF Author: Martin Ravallion
Publisher: World Bank Publications
ISBN:
Category : Desarrollo rural - Vietnam
Languages : en
Pages : 55

Book Description
"In the wake of reforms to establish a free market in land-use rights, Vietnam is experiencing a pronounced rise in rural landlessness. To some observers this is a harmless by-product of a more efficient economy, while to others it signals the return of the pre-socialist class-structure, with the rural landless at the bottom of the economic ladder. The authors' theoretical model suggests that removing restrictions on land markets will increase landlessness among the poor, but that there will be both gainers and losers, with uncertain impacts on aggregate poverty. Empirically, they find that landlessness is less likely for the poor and that the observed rise in landlessness is poverty reducing on balance. However, there are marked regional differences, notably between the north and the south. "--World Bank web site.

Economics of Agricultural Development

Economics of Agricultural Development PDF Author: George W. Norton
Publisher: Routledge
ISBN: 1136978852
Category : Business & Economics
Languages : en
Pages : 475

Book Description
The globalization of goods, services and capital for agriculture is fundamental to the future of developing countries and has major implications for the fight against poverty and sustainability of the environment. In recent years, agriculture has once again returned to a position of centre stage as food price volatility has led countries to re-examine their development strategies. This new edition of the essential textbook in the field builds on the 2006 original and reflects the following developments: the increased impact of climate change issues affecting agricultural markets such as bio-fuels, the rise in farm prices and energy costs the move to higher valued agricultural products The book contains a wealth of real world case studies and is now accompanied by a website that includes powerpoint lectures, a photo bank and a large set of discussion and exam questions. The accompanying website is available to view at http://ecagdev.agecon.vt.edu/