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Land Reallocation in an Agrarian Transition

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  • Martin Ravallion
  • Dominique van de Walle

Abstract

Liberalising key factor markets is a crucial step in the transition from a socialist control-economy to a market economy. However, the process can be stalled by imperfect information, high transaction costs and covert resistance from entrenched interests. The article studies agricultural land reallocation in the wake of Vietnam's efforts to establish a free market in land-use rights following de-collectivisation. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual. Land allocation responded positively but slowly to the initial inefficiencies. There is no sign that the transition favoured the land rich or that it was thwarted by local officials. Copyright 2006 The Author(s). Journal compilation Royal Economic Society 2006.

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Bibliographic Info

Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 116 (2006)
Issue (Month): 514 (October)
Pages: 924-942

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Handle: RePEc:ecj:econjl:v:116:y:2006:i:514:p:924-942

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Cited by:
  1. Markussen, Thomas & Tarp, Finn & Van Den Broeck, Katleen, 2011. "The Forgotten Property Rights: Evidence on Land Use Rights in Vietnam," World Development, Elsevier, vol. 39(5), pages 839-850, May.
  2. Raghav Gaiha & Katsushi Imai & Woojin Kang, 2007. "Vulnerability and poverty dynamics in Vietnam," The School of Economics Discussion Paper Series 0708, Economics, The University of Manchester.
  3. Kokaisl, P., 2013. "Soviet Collectivisation and Its Specific Focus on Central Asia," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 5(4), December.
  4. Klump, R. & Prüfer, P., 2006. "Prioritizing Policies for Pro-Poor Growth: Applying Bayesian Model Averaging to Vietnam," Discussion Paper 2006-117, Tilburg University, Center for Economic Research.
  5. Finn Tarp & Thomas Markussen, 2011. "Political Connections and Investment in Rural Vietnam," Working Paper Series UNU-WIDER Working Paper W, World Institute for Development Economic Research (UNU-WIDER).
  6. Amy Y. C. Liu, 2009. "Inequality among the rural poor: A tale of two cities in India and Vietnam," International and Development Economics Working Papers idec09-04, International and Development Economics.

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