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Deininger, Klaus W.; Ali, Daniel Ayalew; Yamano, Takashi. |
Mixed evidence on the impact of formal title in much of Africa is often used to question the relevance of dealing with land policy issues in this continent. We use data from Uganda to assess the impact of a disaggregated set of rights on investment, productivity, and land values and to test the hypothesis that individuals' lack of knowledge of the new law reduces their tenure security. Results point towards strong and positive effects of greater tenure security and transferability. Use of exogenous knowledge of its provisions as a proxy for the value of the land law suggests that this piece of legislation had major economic benefits that remain to be fully realized. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
Ano: 2006 |
URL: http://purl.umn.edu/21197 |
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Deininger, Klaus W.; Ali, Daniel Ayalew; Alemu, Tekie. |
Although a large theoretical literature discusses the possible inefficiency of sharecropping contracts, empirical evidence on this phenomenon has been ambiguous at best. Household level fixed-effect estimates from about 8,500 plots operated by households who own and sharecrop land in the Ethiopian highlands provide support for the hypothesis of Marshallian inefficiency. At the same time, a factor adjustment model suggests that the extent to which rental markets allow households to attain their desired operational holding size is extremely limited. Our analysis points towards factor market imperfections (no rental for oxen), lack of alternative employment opportunities, and tenure insecurity as possible reasons underlying such behavior, suggesting that,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
Ano: 2007 |
URL: http://purl.umn.edu/9860 |
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