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| Van Hung, Pham; MacAulay, T. Gordon. |
| The use of mathematical models to describe the interactions of variables is useful in modern management. In this paper, a 'mixed' model combining the knapsack problem, a household model and a form of spatial equilibrium model into a modelling framework is developed. The impacts of changes in off-farm wage rates, transaction costs in the rental market, the output prices of paddy crops, and land transactions were examined in the model. The simulation has led to the conclusion that the real benefits to farm households from land consolidation may not be apparent until the real opportunity cost of farm labour begins to rise. In addition, a reform policy in the administrative sector which encourages, not only the process of land accumulation and the rental... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land transactions; Modelling; Knapsack problem; Vietnam; Land Economics/Use; C6; Q15; Q24. |
| Ano: 2006 |
URL: http://purl.umn.edu/25601 |
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| Dirimanova, Violeta. |
| The land restitution in Bulgaria led to a severe fragmentation in land ownership. This has an impact on the agricultural development and land market. The article investigates the land transactions on the sale and rentals markets. In order to explain the processes three new institutional economic theories will be employed: property rights theory, transaction costs theory and agricultural contract theory. First, the article reviews the appropriateness of each theory, and second, results of conducted survey in two regions of Bulgaria with different degrees of land fragmentation. Key words: Bulgaria, Contractual arrangements, Land fragmentation, Land market, Land transactions, Property rights |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Bulgaria; Contractual arrangements; Land fragmentation; Land market; Land transactions; Property rights; Land Economics/Use. |
| Ano: 2005 |
URL: http://purl.umn.edu/24445 |
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