This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

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

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Deininger, Klaus
Jin, Songqing

Additional information is available for the following registered author(s):

Abstract

Impact and desirability of land transfers in post-socialist transition economies have been subject to 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.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://purl.umn.edu/19359
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2005 Annual meeting, July 24-27, Providence, RI with number 19359.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: 2005
Date of revision:
Handle: RePEc:ags:aaea05:19359

Contact details of provider:
Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202
Phone: (414) 918-3190
Fax: (414) 276-3349
Email:
Web page: http://www.aaea.org
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (AgEcon Search).

Related research
Keywords: Land Economics/Use;

Other versions of this item:

References listed on IDEAS
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. Zeldes, Stephen P, 1989. "Consumption and Liquidity Constraints: An Empirical Investigation," Journal of Political Economy, University of Chicago Press, vol. 97(2), pages 305-46, April. [Downloadable!] (restricted)
    Other versions:
  2. Deininger, Klaus & Chamorro, Juan Sebastian, 2002. "Investment and income effects of land regularization : the case of Nicaragua," Policy Research Working Paper Series 2752, The World Bank. [Downloadable!]
  3. Lanjouw, Jean Olson, 1999. "Information and the operation of markets: tests based on a general equilibrium model of land leasing in India," Journal of Development Economics, Elsevier, vol. 60(2), pages 497-527, December. [Downloadable!] (restricted)
  4. Tao Yang, Dennis, 1997. "China's land arrangements and rural labor mobility," China Economic Review, Elsevier, vol. 8(2), pages 101-115. [Downloadable!] (restricted)
  5. Carter, Michael R, 1984. "Identification of the Inverse Relationship between Farm Size and Productivity: An Empirical Analysis of Peasant Agricultural Production," Oxford Economic Papers, Oxford University Press, vol. 36(1), pages 131-45, March. [Downloadable!] (restricted)
  6. Rosenzweig, Mark R & Wolpin, Kenneth I, 1993. "Credit Market Constraints, Consumption Smoothing, and the Accumulation of Durable Production Assets in Low-Income Countries: Investment in Bullocks in India," Journal of Political Economy, University of Chicago Press, vol. 101(2), pages 223-44, April. [Downloadable!] (restricted)
  7. Lastarria-Cornhiel, Susana, 1997. "Impact of privatization on gender and property rights in Africa," World Development, Elsevier, vol. 25(8), pages 1317-1333, August. [Downloadable!] (restricted)
  8. Rezitis, Anthony N. & Tsiboukas, Kostas & Tsoukalas, Stauros, 2003. "Investigation of Factors Influencing the Technical Efficiency of Agricultural Producers Participating in Farm Credit Programs: The Case of Greece," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35(03), December. [Downloadable!]
  9. Ghatak, Maitreesh & Pandey, Priyanka, 2000. "Contract choice in agriculture with joint moral hazard in effort and risk," Journal of Development Economics, Elsevier, vol. 63(2), pages 303-326, December. [Downloadable!] (restricted)
  10. Lerman, Zvi & Csaki, Csaba & Feder, Gershon, 2002. "Land policies and evolving farm structures in transition countries," Policy Research Working Paper Series 2794, The World Bank. [Downloadable!]
  11. Ray, Tridip & Singh, Nirvikar, 2001. "Limited liability, contractual choice, and the tenancy ladder," Journal of Development Economics, Elsevier, vol. 66(1), pages 289-303, October. [Downloadable!] (restricted)
  12. Dominique van de Walle & Dorothyjean Cratty, 2004. "Is the emerging non-farm market economy the route out of poverty in Vietnam?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(2), pages 237-274, 06. [Downloadable!] (restricted)
    Other versions:
  13. Glewwe, Paul & Phong Nguyen, 2002. "Economic mobility in Vietnam in the 1990s," Policy Research Working Paper Series 2838, The World Bank. [Downloadable!]
  14. McMillan, John & Whalley, John & Zhu, Lijing, 1989. "The Impact of China's Economic Reforms on Agricultural Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 781-807, August. [Downloadable!] (restricted)
  15. Gorton, Matthew & Davidova, Sophia, 2004. "Farm productivity and efficiency in the CEE applicant countries: a synthesis of results," Agricultural Economics, Blackwell, vol. 30(1), pages 1-16, January. [Downloadable!] (restricted)
  16. Loren Brandt & Dwayne Benjamin, 2002. "Property Rights, Labour Markets, and Efficiency in a Transition Economy: The Case of Rural China," William Davidson Institute Working Papers Series 518, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    Other versions:
  17. Newell, Andrew & Pandya, Kiran & Symons, James, 1997. "Farm Size and the Intensity of Land Use in Gujarat," Oxford Economic Papers, Oxford University Press, vol. 49(2), pages 307-15, April. [Downloadable!] (restricted)
  18. Lin, Justin Yifu, 1992. "Rural Reforms and Agricultural Growth in China," American Economic Review, American Economic Association, vol. 82(1), pages 34-51, March. [Downloadable!] (restricted)
  19. Deininger, Klaus & Zegarra, Eduardo & Lavadenz, Isabel, 2003. "Determinants and Impacts of Rural Land Market Activity: Evidence from Nicaragua," World Development, Elsevier, vol. 31(8), pages 1385-1404, August. [Downloadable!] (restricted)
  20. Lanjouw, J.O., 1995. "Information and the Operation of Markets: Tests Based on a General Equilibrium Model of Land Leasing in India," Papers 727, Yale - Economic Growth Center.
  21. Martin Ravallion & Dominique van de Walle, 2004. "Breaking up the collective farms," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(2), pages 201-236, 06. [Downloadable!] (restricted)
  22. 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 903-37, October. [Downloadable!] (restricted)
  23. Bezemer, Dirk J., 2004. "Risk and agricultural de-collectivisation, with evidence from the Czech Republic," Economic Systems, Elsevier, vol. 28(1), pages 13-33, March. [Downloadable!] (restricted)
  24. Scott Rozelle & Johan F. M. Swinnen, 2004. "Success and Failure of Reform: Insights from the Transition of Agriculture," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 404-456, June. [Downloadable!] (restricted)
  25. Feder, Gershon, 1985. "The relation between farm size and farm productivity : The role of family labor, supervision and credit constraints," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 297-313, August. [Downloadable!] (restricted)
  26. Dwayne Benjamin & Loren Brandt, 2002. "Agriculture and Income Distribution in Rural Vietnam under Economic Reforms: A Tale of Two Regions," Working Papers benjamin-02-01, University of Toronto, Department of Economics. [Downloadable!]
    Other versions:
  27. Kung, James Kai-sing, 2002. "Off-Farm Labor Markets and the Emergence of Land Rental Markets in Rural China," Journal of Comparative Economics, Elsevier, vol. 30(2), pages 395-414, June. [Downloadable!] (restricted)
  28. Deaton, Angus, 1991. "Saving and Liquidity Constraints," Econometrica, Econometric Society, vol. 59(5), pages 1221-48, September. [Downloadable!] (restricted)
    Other versions:
  29. Carter, Michael R. & Zimmerman, Frederick J., 2000. "The dynamic cost and persistence of asset inequality in an agrarian economy," Journal of Development Economics, Elsevier, vol. 63(2), pages 265-302, December. [Downloadable!] (restricted)
  30. Quy-Toan Do & Lakshmi Iyer, 2003. "Land rights and economic development : evidence from Vietnam," Policy Research Working Paper Series 3120, The World Bank. [Downloadable!]
  31. Carter, Michael R & Yao, Yang, 2002. " Local versus Global Separability in Agricultural Household Models: The Factor Price Equalization Effect of Land Transfer Rights," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 84(3), pages 702-15, August. [Downloadable!] (restricted)
  32. Deininger, Klaus & Jin, Songqing & Adenew, Berhanu & Gebre-Selassie, Samuel & Nega, Berhanu, 2003. "Tenure security and land-related investment - evidence from Ethiopia," Policy Research Working Paper Series 2991, The World Bank. [Downloadable!]
    Other versions:
  33. Quisumbing, Agnes R, et al, 2001. "Women's Land Rights in the Transition to Individualized Ownership: Implications for Tree-Resource Management in Western Ghana," Economic Development and Cultural Change, University of Chicago Press, vol. 50(1), pages 157-81, October.
  34. Basu, Kaushik, 1992. "Limited liability and the existence of share tenancy," Journal of Development Economics, Elsevier, vol. 38(1), pages 203-220, January. [Downloadable!] (restricted)
  35. Binswanger, Hans P. & Deininger, Klaus & Feder, Gershon, 1995. "Power, distortions, revolt and reform in agricultural land relations," Handbook of Development Economics, in: Hollis Chenery† & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 42, pages 2659-2772 Elsevier. [Downloadable!] (restricted)
    Other versions:
  36. Kranton, Rachel E. & Swamy, Anand V., 1999. "The hazards of piecemeal reform: british civil courts and the credit market in colonial India," Journal of Development Economics, Elsevier, vol. 58(1), pages 1-24, February. [Downloadable!] (restricted)
  37. Laffont, Jean-Jacques & Matoussi, Mohamed Salah, 1995. "Moral Hazard, Financial Constraints and Sharecropping in El Oulja," Review of Economic Studies, Blackwell Publishing, vol. 62(3), pages 381-99, July. [Downloadable!] (restricted)
    Other versions:
  38. Sadoulet, Elisabeth & Fukui, Seiichi & Janvry, Alan de, 1994. "Efficient share tenancy contracts under risk: The case of two rice-growing villages in Thailand," Journal of Development Economics, Elsevier, vol. 45(2), pages 225-243, December. [Downloadable!] (restricted)
  39. Rosenzweig, Mark R & Wolpin, Kenneth I, 1985. "Specific Experience, Household Structure, and Intergenerational Transfers: Farm Family Land and Labor Arraangements in Developing Countries," The Quarterly Journal of Economics, MIT Press, vol. 100(5), pages 961-87, Supp.. [Downloadable!] (restricted)
  40. Teklu, Tesfaye & Lemi, Adugna, 2004. "Factors affecting entry and intensity in informal rental land markets in Southern Ethiopian highlands," Agricultural Economics, Blackwell, vol. 30(2), pages 117-128, March. [Downloadable!] (restricted)
  41. Prosterman, R. & Hanstad, T., 1999. "Legal Impediments to Effective Rural Land Relations in Eastern Europe and Central Asia. A Comparative Perspective," Papers 436, World Bank - Technical Papers.
  42. Wan, Guang H & Cheng, Enjiang, 2001. "Effects of Land Fragmentation and Returns to Scale in the Chinese Farming Sector," Applied Economics, Taylor and Francis Journals, vol. 33(2), pages 183-94, February. [Downloadable!] (restricted)
  43. Nabi, Ijaz, 1985. "Rural Factor Market Imperfections and the Incidence of Tenancy in Agriculture," Oxford Economic Papers, Oxford University Press, vol. 37(2), pages 319-29, June. [Downloadable!] (restricted)
  44. Schumacher, Sara K. & Marsh, Thomas L., 2003. "Economies of Scale in the Floriculture Industry," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35(03), December. [Downloadable!]
  45. George E. Battese, 1997. "A Note On The Estimation Of Cobb-Douglas Production Functions When Some Explanatory Variables Have Zero Values," Journal of Agricultural Economics, Blackwell Publishing, vol. 48(1-3), pages 250-252. [Downloadable!] (restricted)
  46. Feder, Gershon, et al, 1992. "The Determinants of Farm Investment and Residential Construction in Post-Reform China," Economic Development and Cultural Change, University of Chicago Press, vol. 41(1), pages 1-26, October.
    Other versions:
  47. Ravallion, Martin & Van der Walle, Dominique, 2001. "Breaking up the collective farm : welfare outcomes of Vietnam's massive land privatization," Policy Research Working Paper Series 2710, The World Bank. [Downloadable!]
  48. Quibria, M G & Rashid, Salim, 1986. "Sharecropping in Dual Agrarian Economies: A Synthesis," Oxford Economic Papers, Oxford University Press, vol. 38(1), pages 94-111, March.
  49. Woodhouse, Philip, 2003. "African Enclosures: A Default Mode of Development," World Development, Elsevier, vol. 31(10), pages 1705-1720, October. [Downloadable!] (restricted)
  50. Barham, Bradford & Carter, Michael R. & Sigelko, Wayne, 1995. "Agro-export production and peasant land access: Examining the dynamic between adoption and accumulation," Journal of Development Economics, Elsevier, vol. 46(1), pages 85-107, February. [Downloadable!] (restricted)
  51. Dollar, David, 2002. "Reform, growth, and poverty in Vietnam," Policy Research Working Paper Series 2837, The World Bank. [Downloadable!]
  52. Pingali, Prabhu L & Xuan, Vo-Tong, 1992. "Vietnam: Decollectivization and Rice Productivity Growth," Economic Development and Cultural Change, University of Chicago Press, vol. 40(4), pages 697-718, July.
  53. Shetty, Sudhir, 1988. "Limited liability, wealth differences and tenancy contracts in agrarian economies," Journal of Development Economics, Elsevier, vol. 29(1), pages 1-22, July. [Downloadable!] (restricted)
  54. Ravallion, Martin & Van der Walle, Dominique, 2003. "Land allocation in Vietnam's agrarian transition," Policy Research Working Paper Series 2951, The World Bank. [Downloadable!]
  55. Reardon, Thomas & Berdegue, Julio & Escobar, German, 2001. "Rural Nonfarm Employment and Incomes in Latin America: Overview and Policy Implications," World Development, Elsevier, vol. 29(3), pages 395-409, March. [Downloadable!] (restricted)
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. 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!]
  2. Gine, Xavier, 2005. "Cultivate or rent out ? Land security in rural Thailand," Policy Research Working Paper Series 3734, The World Bank. [Downloadable!]
  3. 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!]
  4. 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:
  5. 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!]
  6. 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!]
  7. 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!]
  8. 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!]
Statistics
Access and download statistics

Did you know? There are NEP reports in over 80 fields that deliver new research to your email.

This page was last updated on 2009-11-26.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.