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| Deininger, Klaus W.; Jin, Songqing; Nagarajan, Hari K.. |
| Although opinions on impacts of land market transfers are sharply divided, few studies explore the welfare- and productivity impact of land markets on a larger scale. We use a large Indian panel spanning almost 20 years, together with a climatic shock (rainfall) indicator, to assess the productivity- and equity-impact of market-mediated land transfers (sale and purchase) as compared to non-market ones (inheritance). While frequent shocks increase land market activity, an effect that is mitigated by presence of safety nets and banks- land sales markets improved productivity and helped purchasers, many of them formerly landless, to accumulate non-land assets and significantly enhance their welfare. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2007 |
URL: http://purl.umn.edu/9824 |
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| Jin, Songqing; Deininger, Klaus W.; Nagarajan, Hari K.. |
| Recognition of the potentially deleterious implications of high inequality of opportunity due to a biased asset distribution has led to increased interest in land reforms. However, little attention has been devoted to the potential longer-term impacts of the measures used to implement such reforms, despite evidence that, the restrictions on land rental in rural areas they imply can have potentially far-reaching consequences. Use of state level data on rental restrictions, in conjunction with a nationally representative survey from India suggests that, contrary to their original intention, rental restrictions significantly reduce supply of land to the rental market, prevent land access by the landless, and by more productive producers. Ways to counter these... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2006 |
URL: http://purl.umn.edu/21305 |
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