IDEAS home Printed from https://ideas.repec.org/a/oup/ooecxx/v2y2023ip1261-82..html
   My bibliography  Save this article

Acquiring Land from Traditional Communities: Bottlenecks, Misallocation and Second-Best Considerations

Author

Listed:
  • Maitreesh Ghatak
  • Dilip Mookherjee

Abstract

We discuss reasons why traditional rural communities may be reluctant to voluntarily relinquish their access to land despite being compensated at market prices, thereby limiting the scope for reallocating land to more productive uses in agriculture or urban development. Owing to financial market imperfections, insurance and collateral benefits of land ownership imply that welfare-optimal land allocations may not maximize productive efficiency, even if distributive or environmental considerations are ignored. We provide some suggestive evidence and discuss implications for land acquisition policy.

Suggested Citation

  • Maitreesh Ghatak & Dilip Mookherjee, 2023. "Acquiring Land from Traditional Communities: Bottlenecks, Misallocation and Second-Best Considerations," Oxford Open Economics, Oxford University Press, vol. 2, pages 1261-1282.
    • Handle: RePEc:oup:ooecxx:v:2:y:2023:i::p:1261-82.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/ooec/odad006
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:oup:ooecxx:v:2:y:2023:i::p:1261-82.. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/ooec .

    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.