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Land and Happiness: Land Distribution and Subjective Well-Being in Moldova AgEcon
Van Landeghem, Bert; Swinnen, Johan F.M.; Vranken, Liesbet.
The distribution of land rights is a very important economic and political issue, and it played a central role in the transition processes in Europe and Asia. This paper analyzes the impact of the distribution of land on household welfare by using subjective well-being (SWB) data from a rural household survey in Moldova, the poorest country in Europe. The recent land reform in Moldova provides a natural experiment on the impact of land ownership distribution on SWB. We find that household land holdings have a positive effect on SWB but neighbours’ average land holdings have a negative effect on SWB. People, regardless of the land distribution and even given the relatively low living standards of these households, rate their welfare by looking at how much...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/44375
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