Arbeitspapier

Land Reform and Productivity Gains with Multiple Market Imperfections

This paper uses a model with transaction costs and imperfect competition in the land market to analyze the efficiency and welfare effects of land reforms. We show that removing only one imperfection may have very different efficiency and welfare effects than would otherwise result from reforms that reduce both imperfections. In extreme cases, partial reforms can actually lead to welfare losses. The welfare effects are affected by the size of transaction costs, relative farm productivity and farm land demand elasticities. Partial reforms also have important income distribution effects.

Sprache
Englisch

Erschienen in
Series: EERI Research Paper Series ; No. 01/2007

Klassifikation
Wirtschaft
Factor Income Distribution
Allocative Efficiency; Cost-Benefit Analysis
Monopoly; Monopolization Strategies
Socialist Systems and Transitional Economies: Factor and Product Markets; Industry Studies; Population
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
Thema
Land market
transaction costs
imperfect competition
land reform
welfare effects

Ereignis
Geistige Schöpfung
(wer)
Ciaian, Pavel
Ereignis
Veröffentlichung
(wer)
Economics and Econometrics Research Institute (EERI)
(wo)
Brussels
(wann)
2007

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Ciaian, Pavel
  • Economics and Econometrics Research Institute (EERI)

Entstanden

  • 2007

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