IDEAS home Printed from https://ideas.repec.org/a/bla/agecon/v21y1999i3p279-294.html
   My bibliography  Save this article

The effects of land sales restrictions: evidence from south India

Author

Listed:
  • John L. Pender
  • John M. Kerr

Abstract

The effects of land sales restrictions on credit use, land investment and cultivation decisions are investigated using data from two villages in south India. Sales restrictions are found to have little ellect on credit supply and demand or demand tor land improvements. Some household characteristics are found to affect investment demand on plots subject to sales restrictions in one village, suggesting that the ‘transactions effect’ of such restrictions may be inhibiting allocative efficiency. However, we also find that household characteristics influence investment on titled plots, and that the magnitude of impact of such characteristics is greater on titled plots. These results imply that sales restrictions are not a major source of inelficiency in the villages studied, and suggest that the nature of village credit and land markets and enforcement ot sales restrictions are critical determinants of the impacts of such restrictions.

Suggested Citation

  • John L. Pender & John M. Kerr, 1999. "The effects of land sales restrictions: evidence from south India," Agricultural Economics, International Association of Agricultural Economists, vol. 21(3), pages 279-294, December.
  • Handle: RePEc:bla:agecon:v:21:y:1999:i:3:p:279-294
    DOI: 10.1111/j.1574-0862.1999.tb00601.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1574-0862.1999.tb00601.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1574-0862.1999.tb00601.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Marcel Fafchamps & John Pender, "undated". "Precautionary Saving Credit Constraints and Investment: Theory and Evidence from Semi-Arid India," Computing in Economics and Finance 1997 37, Society for Computational Economics.
    2. Migot-Adholla, Shem, et al, 1991. "Indigenous Land Rights Systems in Sub-Saharan Africa: A Constraint on Productivity?," The World Bank Economic Review, World Bank, vol. 5(1), pages 155-175, January.
    3. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    4. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    5. Sarah Gavian & Marcel Fafchamps, 1996. "Land Tenure and Allocative Efficiency in Niger," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(2), pages 460-471.
    6. Heath, John Richard, 1992. "Evaluating the impact of Mexico's land reform on agricultural productivity," World Development, Elsevier, vol. 20(5), pages 695-711, May.
    7. Joseph Hayes & Michael Roth & Lydia Zepeda, 1997. "Tenure Security, Investment and Productivity in Gambian Agriculture: A Generalized Probit Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 369-382.
    8. Pender, John L., 1996. "Discount rates and credit markets: Theory and evidence from rural india," Journal of Development Economics, Elsevier, vol. 50(2), pages 257-296, August.
    9. Fafchamps, Marcel & Pender, John, 1997. "Precautionary Saving, Credit Constraints, and Irreversible Investment: Theory and Evidence from Semiarid India," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(2), pages 180-194, April.
    10. Atwood, David A., 1990. "Land registration in Africa: The impact on agricultural production," World Development, Elsevier, vol. 18(5), pages 659-671, May.
    11. Frank Place & Peter Hazell, 1993. "Productivity Effects of Indigenous Land Tenure Systems in Sub-Saharan Africa," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(1), pages 10-19.
    12. Hoff, Karla, 1991. "Introduction: Agricultural Taxation and Land Rights Systems," The World Bank Economic Review, World Bank, vol. 5(1), pages 85-91, January.
    13. Besley, Timothy, 1995. "Property Rights and Investment Incentives: Theory and Evidence from Ghana," Journal of Political Economy, University of Chicago Press, vol. 103(5), pages 903-937, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Akee, Randall K. Q., 2006. "Checkerboards and Coase: Transactions Costs and Efficiency in Land Markets," IZA Discussion Papers 2438, Institute of Labor Economics (IZA).
    2. World Bank, 2005. "Uganda : Policy Options for Increasing Crop Productivity and Reducing Soil Nutrient Depletion and Poverty," World Bank Publications - Reports 8647, The World Bank Group.
    3. Petracco, Carly K. & Pender, John L., 2009. "Evaluating the Impact of Land Tenure and Titling on Access to Credit in Uganda," 2009 Conference, August 16-22, 2009, Beijing, China 51899, International Association of Agricultural Economists.
    4. Conning, Jonathan & Udry, Christopher, 2007. "Rural Financial Markets in Developing Countries," Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 56, pages 2857-2908, Elsevier.
    5. Pender, John L. & Benin, Samuel, 2001. "Impacts Of Land Resdistribution On Land Management And Productivity In The Ethiopian Highlands," 2001 Annual meeting, August 5-8, Chicago, IL 20701, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Kemper, Niels & Klump, Rainer & Schumacher, Heiner, 2011. "Representation of property rights and credit market outcomes: Evidence from a land reform in Vietnam," Proceedings of the German Development Economics Conference, Berlin 2011 45, Verein für Socialpolitik, Research Committee Development Economics.
    7. Pender, John & Nkonya, Ephraim & Jagger, Pamela & Sserunkuuma, Dick & Ssali, Henry, 2004. "Strategies to increase agricultural productivity and reduce land degradation: evidence from Uganda," Agricultural Economics, Blackwell, vol. 31(2-3), pages 181-195, December.
    8. Perego, Viviana M.E., 2019. "Crop prices and the demand for titled land: Evidence from Uganda," Journal of Development Economics, Elsevier, vol. 137(C), pages 93-109.
    9. Misha Saleem, 2011. "The Effect of Ownership Rights on Urban Households' Access to Credit in Lahore," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 16(2), pages 111-139, Jul-Dec.
    10. Emran, M. Shahe & Shilpi, Forhad, 2015. "Do Land Market Restrictions Hinder Structural Change in a Rural Economy? Evidence from Sri Lanka," MPRA Paper 66017, University Library of Munich, Germany.
    11. Rohini Pande & Christopher Udry, 2005. "Institutions and Development:A View from Below," Working Papers 928, Economic Growth Center, Yale University.
    12. Nakasone, Eduardo, 2011. "The impact of land titling on labor allocation: Evidence from rural Peru," IFPRI discussion papers 1111, International Food Policy Research Institute (IFPRI).
    13. Pender, John & Ssewanyana, Sarah & Edward, Kato & Nkonya, Ephraim M., 2004. "Linkages between poverty and land management in rural Uganda: evidence from the Uganda National Household Survey, 1999/00," EPTD discussion papers 122, International Food Policy Research Institute (IFPRI).
    14. Jian Cheng & Jiangmeng Zhao, 2023. "How Does Land Monopoly Reduce Consumption Levels? Evidence from China," Land, MDPI, vol. 12(9), pages 1-20, August.
    15. World Bank, 2008. "Uganda Sustainable Land Management : Public Expenditure Review," World Bank Publications - Reports 16807, The World Bank Group.
    16. Kemper, Niels & Ha, Luu Viet & Klump, Rainer, 2015. "Property Rights and Consumption Volatility: Evidence from a Land Reform in Vietnam," World Development, Elsevier, vol. 71(C), pages 107-130.
    17. Haizi Wang & Chaowei Li & Juan Liu & Shibin Zhang, 2019. "Research on Farmers’ Willingness of Land Transfer Behavior Based on Food Security," Sustainability, MDPI, vol. 11(8), pages 1-17, April.
    18. Pender, John L., 1999. "Rural population growth, agricultural change and natural resource management in developing countries: a review of hypotheses and some evidence from Honduras," EPTD discussion papers 48, International Food Policy Research Institute (IFPRI).
    19. Nkonya, Ephraim M. & Pender, John & Kato, Edward & Mugarura, Samuel & Muwonge, James, 2005. "Who knows, who cares?: determinants of enactment, awareness and compliance with community natural resource management," CAPRi working papers 41, International Food Policy Research Institute (IFPRI).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Place, Frank & Swallow, Brent M., 2000. "Assessing the relationships between property rights and technology adoption in smallholder agriculture: a review of issues and empirical methods," CAPRi working papers 2, International Food Policy Research Institute (IFPRI).
    2. Xu Guangdong, 2013. "Property Rights, Law, and Economic Development," The Law and Development Review, De Gruyter, vol. 6(1), pages 117-142, July.
    3. Pender, John & Nkonya, Ephraim & Jagger, Pamela & Sserunkuuma, Dick & Ssali, Henry, 2004. "Strategies to increase agricultural productivity and reduce land degradation: evidence from Uganda," Agricultural Economics, Blackwell, vol. 31(2-3), pages 181-195, December.
    4. Séogo, Windinkonté & Zahonogo, Pam, 2023. "Do land property rights matter for stimulating agricultural productivity? Empirical evidence from Burkina Faso," Land Use Policy, Elsevier, vol. 125(C).
    5. Sakurai, Takeshi, 2013. "Intensification of Lowland Cropping Systems and Informal Land Ownership in West Africa: Comparison of Two Large Inland Markets in Côte d’Ivoire and Ghana," Discussion Paper Series 586, Institute of Economic Research, Hitotsubashi University.
    6. Brasselle, Anne-Sophie & Gaspart, Frederic & Platteau, Jean-Philippe, 2002. "Land tenure security and investment incentives: puzzling evidence from Burkina Faso," Journal of Development Economics, Elsevier, vol. 67(2), pages 373-418, April.
    7. Hagos, Hosaena Ghebru, 2012. "Tenure (in)security and agricultural investment of smallholder farmers in Mozambique:," MSSP working papers 5, International Food Policy Research Institute (IFPRI).
    8. Abebaw Andarge Gedefaw & Clement Atzberger & Walter Seher & Sayeh Kassaw Agegnehu & Reinfried Mansberger, 2020. "Effects of Land Certification for Rural Farm Households in Ethiopia: Evidence from Gozamin District, Ethiopia," Land, MDPI, vol. 9(11), pages 1-23, October.
    9. Fenske, James, 2011. "Land tenure and investment incentives: Evidence from West Africa," Journal of Development Economics, Elsevier, vol. 95(2), pages 137-156, July.
    10. Carol Newman & Finn Tarp & Katleen van den Broeck, 2015. "Property Rights and Productivity: The Case of Joint Land Titling in Vietnam," Land Economics, University of Wisconsin Press, vol. 91(1), pages 91-105.
    11. Ayamga, Michael & Dzanku, Fred, 2013. "The Land Rights and Farm Investment Ghana: The Missing Link in the Operationalisation of Tenure Security," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 161478, African Association of Agricultural Economists (AAAE).
    12. Nkonya, Ephraim M. & Gicheru, Patrick & Woelcke, Johannes & Okoba, Barrack & Kilambya, Daniel & Gachimbi, Louis, 2006. "Out of Site out of Mind: Quantifying the Long-term Off-site economic Impacts of Land Degradation in Kenya," 2006 Annual meeting, July 23-26, Long Beach, CA 21344, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Bouquet, Emmanuelle, 2009. "State-Led Land Reform and Local Institutional Change: Land Titles, Land Markets and Tenure Security in Mexican Communities," World Development, Elsevier, vol. 37(8), pages 1390-1399, August.
    14. Ghebru, Hosaena, 2015. "Is There a Merit to the Continuum Tenure Approach? A Case of Demand for Land Rights Formulation in Rural Mozambique," 2015 Conference, August 9-14, 2015, Milan, Italy 211683, International Association of Agricultural Economists.
    15. Bambio, Yiriyibin & Bouayad Agha, Salima, 2018. "Land tenure security and investment: Does strength of land right really matter in rural Burkina Faso?," World Development, Elsevier, vol. 111(C), pages 130-147.
    16. Ghebru, Hosaena & Holden, Stein T., 2015. "Technical Efficiency and Productivity Differential Effects of Land Right Certification: A Quasi-Experimental Evidence," Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 54(1), pages 1-31, February.
    17. Katleen Van den Broeck & Carol Newman & Finn Tarp, 2007. "Land Titles and Rice Production in Vietnam," Discussion Papers 07-32, University of Copenhagen. Department of Economics.
    18. Gavian, Sarah & Ehui, Simeon, 1999. "Measuring the production efficiency of alternative land tenure contracts in a mixed crop-livestock system in Ethiopia," Agricultural Economics, Blackwell, vol. 20(1), pages 37-49, January.
    19. Petracco, Carly K. & Pender, John L., 2009. "Evaluating the Impact of Land Tenure and Titling on Access to Credit in Uganda," 2009 Conference, August 16-22, 2009, Beijing, China 51899, International Association of Agricultural Economists.
    20. Jayne, T. S. & Yamano, Takashi & Weber, Michael T. & Tschirley, David & Benfica, Rui & Chapoto, Antony & Zulu, Ballard, 2003. "Smallholder income and land distribution in Africa: implications for poverty reduction strategies," Food Policy, Elsevier, vol. 28(3), pages 253-275, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:agecon:v:21:y:1999:i:3:p:279-294. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.