Land Markets In Uganda: Incidence, Impact And Evolution Over Time
Although there is broad agreement that well functioning land rental markets will play an important role to increase productivity and household welfare as agrarian economies develop, evidence from Africa on the actual performance and impact of such markets is limited. We use data from Uganda to test for differences in the performance of rental, as compared to sales markets and their evolution over time, based on a framework where markets are affected by differences in ability and imperfections in rural labor and capital markets. We find that land markets are very active, that land rental but not sales markets transfer land to more efficient and relatively poor producers thereby providing an opportunity for the landless to access land, and that rental market activity has increased recently with economic growth. Despite land prices in some regions being above the net present value of land we find no evidence for sales markets leading to land concentration and conclude that, rather than imposing administrative restrictions, government should aim to improve access to alternative savings instruments.
|Date of creation:||2003|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.iaae-agecon.org/|
More information through EDIRC
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.:
- Faruqee, Rashid & Carey, Kevin, 1997. "Research on land markets in South Asia : what have we learned?," Policy Research Working Paper Series 1754, The World Bank.
- Binswanger, Hans P. & Deininger, Klaus & Feder, Gershon, 1993.
"Power, distortions, revolt, and reform in agricultural land relations,"
Policy Research Working Paper Series
1164, The World Bank.
- 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.
- 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.
- Andre, Catherine & Platteau, Jean-Philippe, 1998. "Land relations under unbearable stress: Rwanda caught in the Malthusian trap," Journal of Economic Behavior & Organization, Elsevier, vol. 34(1), pages 1-47, January.
- Meredith J. Soule & Abebayehu Tegene & Keith D. Wiebe, 2000. "Land Tenure and the Adoption of Conservation Practices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(4), pages 993-1005.
- Hanan G. Jacoby & Guo Li & Scott Rozelle, 2002.
"Hazards of Expropriation: Tenure Insecurity and Investment in Rural China,"
American Economic Review,
American Economic Association, vol. 92(5), pages 1420-1447, December.
- Jacoby, Hanan G. & Li, Guo & Rozelle, Scott, 2002. "Hazards Of Expropriation:Tenure Insecurity And Investment In Rural China," Working Papers 11960, University of California, Davis, Department of Agricultural and Resource Economics.
- Otsuka, Keijiro & Place, Frank, 2001. "Land tenure and natural resource management," Food policy statements 34, International Food Policy Research Institute (IFPRI).
- 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.
- 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.
- Li, Guo & Rozelle, Scott & Brandt, Loren, 1998. "Tenure, land rights, and farmer investment incentives in China," Agricultural Economics, Blackwell, vol. 19(1-2), pages 63-71, September.
- Frank Place & S. E. Migot-Adholla, 1997.
"The Economic Effects of Land Registration on Smallholder Farms in Kenya: Evidence from Nyeri and Kakamega Districts,"
University of Wisconsin Press, vol. 73(3), pages 360-373.
- Frank Place & S. E. Migot-Adholla, 1998. "The Economic Effects of Land Registration on Smallholder Farms in Kenya: Evidence from Nyeri and Kakamega Districts," Land Economics, University of Wisconsin Press, vol. 74(3), pages 360-373.
When requesting a correction, please mention this item's handle: RePEc:ags:iaae03:25809. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.