IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

Land reform with human capital: A new analysis using the theory of economic growth and the theory of the firm

Listed author(s):
  • Miguel Rocha de Sousa

    ()

    (Department of Economics, University of Évora)

In section 1 we refer to a historical synopsis, section 2 classifies the different land reforms using KAWAGOE (1999) typology. Afterwards we link the concepts of human capital and land reform within the theory of economic growth. In section 3 a simplified formal dynamic model of land reform based on the neoclassical theory of economic growth is introduced, following SOLOW-SWAN models. In section 4 an endogenous growth model tries to evaluate land reform in the process of economic growth, based on the ROMER (1990) model. We further try to relate the notion of convergence with successful land reform. The main conclusion of these sections is that with the neoclassical exogenous framework there is convergence between small landholders and latifundia holders. This is a successful land reform: there is a finite time horizon that allows almost landless illiterate to catch up with rich literate farmers. In the case of endogenous growth there is never convergence thus the land reform process fails. Another conclusion in the endogenous framework is that, by reverse causality, failed land reforms result from perpetuating initial differential human capital stocks. In section 5, another approach is to extend ARROW (1962) learn by doing model to evaluate land reform as a structural break (or cut-off point). A condition for land reform viability is established, creating a Possibility Set of Recovery of Human Capital (PSRHC). In section 6 we simplify the theory of the firm JOVANOVIC´s (1982) model, applying it to agricultural firms to explain birth, life and death of latifundia. We establish the date and process of land reform, as a cut-off process, in which it arises from the failure of firms. Finally, in section 7, we conclude and present in section 8 the references.

If you experience problems downloading a file, check if you have the proper application to view it first. 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://hdl.handle.net/10174/8429
Download Restriction: no

Paper provided by University of Évora, Department of Economics (Portugal) in its series Economics Working Papers with number 13_2005.

as
in new window

Length: 14 pages
Date of creation: 2005
Handle: RePEc:evo:wpecon:13_2005
Contact details of provider: Postal:
Largo dos Colegiais 2, 7000 - 803ÉVORA

Phone: + 351 266 74 08 94
Fax: + 351 266 74 24 94
Web page: http://www.decon.uevora.pt
Email:


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.:

as in new window
  1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 70(1), pages 65-94.
  2. Kenneth J. Arrow, 1962. "The Economic Implications of Learning by Doing," Review of Economic Studies, Oxford University Press, vol. 29(3), pages 155-173.
  3. N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
  4. Jones, Charles I, 1995. "R&D-Based Models of Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 759-784, August.
  5. T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
  6. Jovanovic, Boyan, 1982. "Selection and the Evolution of Industry," Econometrica, Econometric Society, vol. 50(3), pages 649-670, May.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:evo:wpecon:13_2005. 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: (Maria Aurora Murcho Galego)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.