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Land Accumulation Dynamics in Developing Country Agriculture

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  • Heath Henderson
  • Leonardo Corral
  • Eric Simning
  • Paul Winters

Abstract

Understanding land accumulation dynamics is relevant for policy-makers interested in the economic effects of land inequality in developing country agriculture. We thus explore and simultaneously test the leading theories of micro-level land accumulation dynamics using unique panel data from Paraguay. The results suggest that farm growth varies systematically with farm size - a formal rejection of stochastic growth theories (that is, Gibrat's Law) - and that titled land area may have considerable influence on land accumulation. Furthermore, our estimates indicate that a dualistic agrarian structure is the likely product of the unfettered operation of land markets.

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  • Heath Henderson & Leonardo Corral & Eric Simning & Paul Winters, 2015. "Land Accumulation Dynamics in Developing Country Agriculture," Journal of Development Studies, Taylor & Francis Journals, vol. 51(6), pages 743-761, June.
  • Handle: RePEc:taf:jdevst:v:51:y:2015:i:6:p:743-761
    DOI: 10.1080/00220388.2014.989993
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