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Land reform and individual property rights

Author

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  • Antonia Díaz Rodríguez

    (Universidad Carlos III de Madrid)

Abstract

This paper gives a rational to the land reform processes that many latin American countries haveexperienced during this century. The reform usually consisted of transferes of land, withoutcompensation, from the owners of large estates to the landless peasants. The peasants, however,did not receive the individual ownership of the land. This was the case of Bolivia, México and Perú.This paper suggests that this type of reform was a measure intended to favor not the peasantry,but the landed elite who traditionally has held the political power in these countries. If the rents ofthe land are decreasing with the total amount of privately owned regime. I develop a modeleconomy in which all the individuals vote on the land to be expropriated to the landed elite; landand labor are complements in the production process. For economies in which land is therelatively abundant factor, the equlibrium features an amount of privately owned land less than thetotal and no peasant is given individual ownership of the land received.

Suggested Citation

  • Antonia Díaz Rodríguez, 1997. "Land reform and individual property rights," Working Papers. Serie AD 1997-01, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasad:1997-01
    as

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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1997-01.pdf
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    References listed on IDEAS

    as
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    5. 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.
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