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Land Reforms And Economic Development

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  • Gersbach, Hans
  • Siemers, Lars-H. R.

Abstract

We demonstrate that there is a nexus between land transfers and human capital formation. A sequence of land redistributions enables the beneficiaries to educate their children and thus to escape from poverty and to overcome child labour. We find that open access to land markets should be prohibited for beneficiaries for some time. Moreover, a temporary state of inequality among the poor is unavoidable. Finally, a successful land reform allows for the transition of a society from an agriculture-based state of poverty to a human capital-based developed economy.

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Bibliographic Info

Article provided by Cambridge University Press in its journal Macroeconomic Dynamics.

Volume (Year): 14 (2010)
Issue (Month): 04 (September)
Pages: 527-547

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Handle: RePEc:cup:macdyn:v:14:y:2010:i:04:p:527-547_09

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Citations

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Cited by:
  1. Bell, Clive & Gersbach, Hans & Schneider, Maik T., 2010. "Raising Juveniles," IZA Discussion Papers 5036, Institute for the Study of Labor (IZA).
  2. Deininger, Klaus & Jin, Songqing & Nagarajan, Hari K., 2007. "Land reforms, poverty reduction, and economic growth : evidence from India," Policy Research Working Paper Series 4448, The World Bank.
  3. Hans Gersbach & Lars-H. Siemers, 2014. "Can democracy induce development? A constitutional perspective," Public Choice, Springer, vol. 159(1), pages 177-196, April.
  4. Gersbach, Hans & Siemers, Lars, 2005. "Land Reforms and Economic Development," CEPR Discussion Papers 5184, C.E.P.R. Discussion Papers.
  5. Deininger, Klaus & Yadav, Vandana, 2011. "Long-term Effects of Land Reform on Human Capital Accumulation: Evidence from West Bengal," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  6. Deininger, Klaus W. & Jin, Songqing & Yadav, Vandana, 2008. "Impact of Land Reform on Productivity, Land Value and Human Capital Investment: Household Level Evidence from West Bengal," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6277, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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