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  • 1
    Language: English
    Pages: Online-Ressource (1 online resource (32 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Assessing The Functioning of Land Rental Markets In Ethiopia
    Keywords: Communities & Human Settlements ; Cultivation ; Economic Development ; Labor Policies ; Land Leasing ; Land Markets ; Land Owners ; Land Ownership ; Land Rental ; Land Resources ; Land Use ; Land Use and Policies ; Municipal Housing and Land ; Poverty Reduction ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Sharecropping ; Social Protections and Labor ; Communities & Human Settlements ; Cultivation ; Economic Development ; Labor Policies ; Land Leasing ; Land Markets ; Land Owners ; Land Ownership ; Land Rental ; Land Resources ; Land Use ; Land Use and Policies ; Municipal Housing and Land ; Poverty Reduction ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Sharecropping ; Social Protections and Labor ; Communities & Human Settlements ; Cultivation ; Economic Development ; Labor Policies ; Land Leasing ; Land Markets ; Land Owners ; Land Ownership ; Land Rental ; Land Resources ; Land Use ; Land Use and Policies ; Municipal Housing and Land ; Poverty Reduction ; Rural Development ; Rural Development Knowledge and Information Systems ; Rural Land Policies for Poverty Reduction ; Sharecropping ; Social Protections and Labor
    Abstract: Although a large theoretical literature discusses the possible inefficiency of sharecropping contracts, the empirical evidence on this phenomenon has been ambiguous at best. Household-level fixed-effect estimates from about 8,500 plots operated by households that 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, rather than worrying almost exclusively about Marshallian inefficiency, it is equally warranted to give due attention to the policy framework within which land rental markets operate
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Securing Property Rights In Transition
    Keywords: Access to Finance ; Common Property Resource Development ; Communities & Human Settlements ; Conceptual Framework ; Economic Development ; Economic Growth ; Economic Policies ; Effective Use ; Environment ; Environmental Economics and Policies ; Environments ; Finance and Financial Sector Development ; Land Use ; Municipal Housing and Land ; Private Property ; Property Rights ; Real Estate Development ; Retained Earnings ; Rural Development ; Access to Finance ; Common Property Resource Development ; Communities & Human Settlements ; Conceptual Framework ; Economic Development ; Economic Growth ; Economic Policies ; Effective Use ; Environment ; Environmental Economics and Policies ; Environments ; Finance and Financial Sector Development ; Land Use ; Municipal Housing and Land ; Private Property ; Property Rights ; Real Estate Development ; Retained Earnings ; Rural Development ; Access to Finance ; Common Property Resource Development ; Communities & Human Settlements ; Conceptual Framework ; Economic Development ; Economic Growth ; Economic Policies ; Effective Use ; Environment ; Environmental Economics and Policies ; Environments ; Finance and Financial Sector Development ; Land Use ; Municipal Housing and Land ; Private Property ; Property Rights ; Real Estate Development ; Retained Earnings ; Rural Development
    Abstract: This paper is motivated by the emphasis on secure property rights as a determinant of economic development in recent literature. The authors use village and household level information from about 800 villages throughout China to explore whether legal reform increased protection of land rights against unauthorized reallocation or expropriation with below-average compensation by the state. The analysis provides nation-wide evidence on a sensitive topic. The authors find positive impacts, equivalent to increasing land values by 30 percent, of reform even in the short term. Reform originated in villages where democratic election of leaders ensured a minimum level of accountability, pointing toward complementarity between good governance and legal reform. The paper explores the implications for situations where individuals and groups hold overlapping rights to land
    URL: Volltext  (Deutschlandweit zugänglich)
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