Land Market Distortions And Aggregate Agricultural Productivity
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Land Market Distortions And Aggregate Agricultural Productivity Evidence From Guatemala
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Author : Britos, Braulio
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2020-11-06
Land Market Distortions And Aggregate Agricultural Productivity Evidence From Guatemala written by Britos, Braulio and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-06 with Political Science categories.
Farm size and land allocation are important factors in explaining lagging agricultural productivity in developing countries. This paper examines the effect of land market imperfections on land allocation across farmers and aggregate agricultural productivity. We develop a theoretical framework to model the optimal size distribution of farms and assess to what extent market imperfections can explain non-optimal land allocation and output in-efficiency. We measure these distortions for the case of Guatemala using agricultural census microdata. We find that due to land market imperfections aggregate output is 19% below its efficient level for both maize and beans and 31% below for coffee, which are three major crops produced nationwide. The regions with higher distortions show a higher dispersion in land prices and less active rental markets. We also find that the degree of land market distortions across locations co-variate with road accessibility and ethnicity and, in a lower extent, with education.
Land Market Distortions And Aggregate Agricultural Productivity
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Author : Braulio Britos
language : en
Publisher:
Release Date : 2020
Land Market Distortions And Aggregate Agricultural Productivity written by Braulio Britos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Power Distortions Revolt And Reform In Agricultural Land Relations
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Author : Hans P. Binswanger
language : en
Publisher: World Bank Publications
Release Date : 1993
Power Distortions Revolt And Reform In Agricultural Land Relations written by Hans P. Binswanger and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Agricultural productivity categories.
Distortions Producer Dynamics And Aggregate Productivity
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Author : Stephen Ayerst
language : en
Publisher:
Release Date : 2023
Distortions Producer Dynamics And Aggregate Productivity written by Stephen Ayerst and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
The Effects Of Land Markets On Resource Allocation And Agricultural Productivity
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Author : Chaoran Chen
language : en
Publisher:
Release Date : 2017
The Effects Of Land Markets On Resource Allocation And Agricultural Productivity written by Chaoran Chen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Agricultural productivity categories.
We assess the role of land markets on factor misallocation in Ethiopia-where land is owned by the state-by exploiting policy-driven variation in land rentals across time and space arising from a recent land certification reform. Our main finding from detailed micro data is that land rentals significantly reduce misallocation and increase agricultural productivity. These effects are nonlinear across farms-impacting more those farms farther away from their efficient operational scale. The effect of land rentals on productivity is 70 percent larger when controlling for non-market rentals-those with a pre-harvest rental rate of zero. Land rentals significantly increase the adoption of new technologies, especially fertilizer use.
The Emergence Of Land Markets In Africa
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Author : Stein Terje Holden
language : en
Publisher: Earthscan
Release Date : 2008
The Emergence Of Land Markets In Africa written by Stein Terje Holden and has been published by Earthscan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
This book is the first systematic attempt to address emerging land markets and their implications for poverty, equity, and efficiency across a number of African countries. The high incidence of poverty and the need for increased agricultural productivity remain acute in rural areas of sub-Saharan Africa, where a lack of secure land rights and a growing scarcity of land relative to the size of the population are becoming increasingly critical issues. Indeed, land issues in the region are high on the international policy agenda. Yet our knowledge about land tenure security and other rural factor.
Land Institutions And Land Markets
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Author : Klaus W. Deininger
language : en
Publisher: World Bank Publications
Release Date : 1998
Land Institutions And Land Markets written by Klaus W. Deininger and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Derechos de propiedad categories.
November 1998 Secure property rights to land and well-functioning land rental and sales markets are essential for creating investment incentives, improving the allocation of land, and developing financial markets. Yet regulatory restrictions on land rental and sales and regulatory frameworks providing inadequate tenure security are common. This paper looks at the impact of imperfections in other factor markets and the costs and benefits of government intervention to improve the security of property rights and the functioning of land markets and draws conclusions about land policy issues. In agrarian societies land serves as the main means not only for generating a livelihood but often also for accumulating wealth and transferring it between generations. How land rights are assigned therefore determines households' ability to generate subsistence and income, their social and economic status (and in many cases their collective identity), their incentive to exert nonobservable effort and make investments, and often their ability to access financial markets or to make arrangements for smoothing consumption and income. With imperfections in other markets, the institutions governing the allocation of land rights and the functioning of land markets will have implications for overall efficiency as well as equity. The authors examine how property rights in land evolve from a situation of land abundance. They discuss factors affecting the costs and benefits of individual land rights and highlight the implications of tenure security for investment incentives. They also review factors affecting participation in land sales and rental markets, particularly the characteristics of the agricultural production process, labor supervision cost, credit access, the risk characteristics of an individual's asset portfolio, and the transaction costs associated with market participation. These factors will affect land sales and rental markets differently. Removing obstacles to the smooth functioning of land rental markets and taking measures to enhance potential tenants' endowments and bargaining power can significantly increase both the welfare of the poor and the overall efficiency of resource allocation. Drawing on their conceptual discussion, the authors draw policy conclusions about the transition from communal to individual and more formal land rights, steps that might be taken to improve the functioning of land sales and rental markets, and the scope for redistributive land reform. This paper--a product of Rural Development, Development Research Group--was prepared as background for the forthcoming Handbook on Agricultural Economics. The authors may be contacted at [email protected] or [email protected].
Land Tenure And Agricultural Production In Sub Saharan Africa
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Author : Arthur J. Dommen
language : en
Publisher:
Release Date : 1994
Land Tenure And Agricultural Production In Sub Saharan Africa written by Arthur J. Dommen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Agricultural productivity categories.
Research On Land Markets In South Asia
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Author : Kevin Carey
language : en
Publisher:
Release Date : 2016
Research On Land Markets In South Asia written by Kevin Carey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The authors review the literature on land markets in South Asia to clarify what's known and to highlight unresolved issues. They report that:-We have a good understanding of why sharecropping persists and why it can be superior to other standard agricultural contracts. We have less understanding of what determines the relative efficiency of sharecropping in different environments and why other apparently superior contractual relationships are rare.-Insecure rights to land adversely affect production and investment incentives in areas outside of South Asia, but in South Asia strong evidence linking investment and rights to production is scarce.-An inverse relationship between farm size and output per unit area is a recurrent feature in data from South Asia, apparently related to land-labor interactions.-Although small farms seem to be more efficient than large ones, small farmers have trouble raising their profitability and enlarging their holding, largely because of credit constraints, but also because of poverty and policy that discriminates against them.-Misguided land reform in the past has made tenancy unattractive to landowners, so large capital-intensive farms have developed. Political economic analysis is needed to explain the failure of past land reform, as well as distortions in agricultural input and output markets in South Asia.-Land fragmentation (as distinguished from farm size) has caused productivity losses. Those losses have not been quantified and the reasons fragmentation persists are poorly understood.-Transaction costs are a significant impediment to functioning land markets. In South Asia, transfers of land rights are complicated by lack of explicit title to land, and by informal and customary rights.-One pressing research problem is gender discrimination, an important factor in land market imperfections -especially (within the household) the separation of land management and its control.Research needs include more systematic regional comparisons, the use of more panel data, and an investigation of how agricultural productivity is affected by gender problems and land fragmentation.
The Globalization Of Farmland Theory And Empirical Evidence
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Author : Mr.Rabah Arezki
language : en
Publisher: International Monetary Fund
Release Date : 2018-06-22
The Globalization Of Farmland Theory And Empirical Evidence written by Mr.Rabah Arezki and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-22 with Business & Economics categories.
This paper is the first to provide both theoretical and empirical evidence of farmland globalization whereby international investors directly acquire large tracts of agricultural land in other countries. A theoretical framework explains the geography of farmland acquisitions as a function of cross-country differences in technology, endowments, trade costs, and land governance. An empirical test of the model using global data on transnational deals shows that international farmland investments are on the aggregate likely motivated by re-exports to investor countries rather than to world markets. This contrasts with traditional foreign direct investment patterns where horizontal as opposed to vertical FDI dominates.