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Land Sales and Rental Markets in Transition: Evidence from Rural Vietnam

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Author Info
Klaus Deininger
Songqing Jin

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Abstract

Impact and desirability of land transfers in post-socialist-transition economies have been subject of considerable debate. We use data from Vietnam to identify factors conducive to the development of land markets and to assess potentially differential impacts of rental and sales. Results show that both rental and sales transfer land to more productive producers but that rental is more important for the poor to access land that becomes available as the non-farm economy develops. The fact that secure land rights significantly increase supply of land to the rental market suggests that government has a key role in facilitating emergence and functioning of efficiency-enhancing land markets. Copyright 2008 Blackwell Publishing Ltd and the Department of Economics, University of Oxford.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0084.2007.00484.x
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Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics and Statistics.

Volume (Year): 70 (2008)
Issue (Month): 1 (02)
Pages: 67-101
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Handle: RePEc:bla:obuest:v:70:y:2008:i:1:p:67-101

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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Ravallion, Martin & van de Walle, Dominique, 2006. "Does rising landlessness signal success or failure for Vietnam's agrarian transition?," Policy Research Working Paper Series 3871, The World Bank. [Downloadable!]
    Other versions:
  2. Tom Kompas & Tuong Nhu Che & Ha Quang Nguyen & Hoa Thi Minh Nguyen, 2009. "Productivity, Net Returns and Efficiency: Land and Market Reform in Vietnamese Rice Production," International and Development Economics Working Papers idec09-02, International and Development Economics. [Downloadable!]
  3. Johan Swinnen & Liesbet Vranken, 2003. "Land Rental Markets and Household Farms in Transition: Theory and Evidence from Hungary," LICOS Discussion Papers 12903, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
  4. Gine, Xavier, 2005. "Cultivate or rent out ? Land security in rural Thailand," Policy Research Working Paper Series 3734, The World Bank. [Downloadable!]
  5. Johan F.M. Swinnen & Liesbet Vranken, 2007. "Patterns of Land Market Developments in Transition," LICOS Discussion Papers 17907, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
  6. Klump, Rainer & Prüfer, Patricia, 2005. "How to prioritise policies for poverty reduction: Applying Bayesian Model Averaging to Vietnam," Proceedings of the German Development Economics Conference, Kiel 2005 27, Verein für Socialpolitik, Research Committee Development Economics. [Downloadable!]
  7. Harigaya, Tomoko & de Brauw, Alan, 2004. "Migration, Credit Availability, And Expenditure Growth In Rural Vietnam," 2004 Annual meeting, August 1-4, Denver, CO 20030, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  8. Klump, Rainer & Pruefer, Patricia, 2006. "Prioritizing policies for pro-poor growth: applying bayesian model averaging to Vietnam," Discussion Paper 117, Tilburg University, Center for Economic Research. [Downloadable!]
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