Land Rental Markets as an Alternative to Government Reallocation is popular PDF and ePub book, written by Klaus W. Deininger in 2002, it is a fantastic choice for those who relish reading online the Agriculture and state genre. Let's immerse ourselves in this engaging Agriculture and state book by exploring the summary and details provided below. Remember, Land Rental Markets as an Alternative to Government Reallocation can be Read Online from any device for your convenience.
Land Rental Markets as an Alternative to Government Reallocation Book PDF Summary
The authors develop a model of land leasing with agents characterized by unobserved heterogeneity in ability and presence of an off-farm labor market. In this case, decentralized land rental may contribute to equity and efficiency goals and may have several advantages over administrative reallocation. The extent to which this is true empirically is explored using data from three of China's poorest provinces. The authors find that both processes redistribute land to those with lower endowments but that land rental markets are more effective in doing so and also have a larger productivity-enhancing effect than administrative reallocation, implying that more active land rental markets would allow producers to realize significant productivity gains. At the same time, the presence of a large number of producers whose participation in rental markets remains constrained suggests that efforts to reduce transaction costs in land rental markets would be warranted.
Detail Book of Land Rental Markets as an Alternative to Government Reallocation PDF
- Author : Klaus W. Deininger
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Agriculture and state
- Total Page : 44 pages
- Language : English
- PDF File Size : 9,5 Mb
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