IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Land market responses to economic recession in Kerala

Listed author(s):
  • Kurup, Hari K K
  • Sumayya, B K
Registered author(s):

    Land is a key factor for any economic activity. Land market transactions play an important role in the process of economic transformation and development. Conventionally land is considered as a factor of production. However, it is increasingly becoming a speculative asset. It is in this context that this paper examines the impact of economic slowdown in land market. The study is carried out in the nine villages under the jurisdiction of the sub registrar Office, Badiadka of Kasaragod district in Kerala. Data on 967 land transactions were gathered. The trends in land market indicators like size of area, number of sales and price of land are subjected for a detailed analysis. The study also made a comparative analysis of the timing of economic recession in different sectors. Only in stock market the reflections of economic crisis was felt much earlier than any other sector. This may be because of the fact that stock market is interlinked to global economic conditions. Within the domestic sectors, economic recession has been visible in the land market earlier than other sectors. This was reflected in all the key variables that were examined in relation to land. This may be because of the fact that land market transactions involve huge amount of investments and a higher level of risk. A close watch at the movements in key variables such as number of sales, area transacted and land prices would therefore help along way in shaping right policies to ward off economic fluctuations.

    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:
    File Function: original version
    Download Restriction: no

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 20109.

    in new window

    Date of creation: 15 Jun 2009
    Handle: RePEc:pra:mprapa:20109
    Contact details of provider: Postal:
    Ludwigstra├če 33, D-80539 Munich, Germany

    Phone: +49-(0)89-2180-2459
    Fax: +49-(0)89-2180-992459
    Web page:

    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.:

    in new window

    1. Deininger, Klaus W. & Carletto, Calogero & Savastano, Sara, 2007. "Land Market Development and Agricultural Production Efficiency in Albania," 104th Seminar, September 5-8, 2007, Budapest, Hungary 7817, European Association of Agricultural Economists.
    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:pra:mprapa:20109. 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: (Joachim Winter)

    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.