Chen, Chaoran
[VerfasserIn]
;
Restuccia, Diego
[Sonstige Person, Familie und Körperschaft];
Santaeulàlia-Llopis, Raül
[Sonstige Person, Familie und Körperschaft]National Bureau of Economic Research
The Effects of Land Markets on Resource Allocation and Agricultural Productivity
Erschienen:
Cambridge, Mass: National Bureau of Economic Research, November 2017
Erschienen in:NBER working paper series ; no. w24034
Umfang:
1 Online-Ressource
Sprache:
Englisch
DOI:
10.3386/w24034
Identifikator:
Reproduktionsnotiz:
Hardcopy version available to institutional subscribers
Entstehung:
Anmerkungen:
Mode of access: World Wide Web
System requirements: Adobe [Acrobat] Reader required for PDF files
Beschreibung:
We assess the role of land markets on factor misallocation in Ethiopia--where land is owned by the state--by exploiting policy-driven variation in land rentals across time and space arising from a recent land certification reform. Our main finding from detailed micro data is that land rentals significantly reduce misallocation and increase agricultural productivity. These effects are nonlinear across farms--impacting more those farms farther away from their efficient operational scale. The effect of land rentals on productivity is 70 percent larger when controlling for non-market rentals--those with a pre-harvest rental rate of zero. Land rentals significantly increase the adoption of new technologies, especially fertilizer use