Land Allocation in Vietnam s Agrarian Transition is popular PDF and ePub book, written by Martin Ravallion in 2003, it is a fantastic choice for those who relish reading online the Allocation genre. Let's immerse ourselves in this engaging Allocation book by exploring the summary and details provided below. Remember, Land Allocation in Vietnam s Agrarian Transition can be Read Online from any device for your convenience.
Land Allocation in Vietnam s Agrarian Transition Book PDF Summary
Abstract: While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. Ravallion and van de Walle study land-market adjustment in the wake of Vietnam's reforms aiming to establish a free market in land-use rights following de-collectivization. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual market solution. The authors' tests using a farm-household panel data set spanning the reforms suggest that land allocation responded positively but slowly to the inefficiencies of the administrative allocation. They find no sign that the transition favored the land rich or that it was thwarted by the continuing power over land held by local officials. This paper"a joint product of the Poverty Team and the Public Services Team, Development Research Group"is part of a larger effort in the group to understand the welfare impacts of major policy reforms.
Detail Book of Land Allocation in Vietnam s Agrarian Transition PDF
- Author : Martin Ravallion
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Allocation
- Total Page : 32 pages
- Language : English
- PDF File Size : 17,8 Mb
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