Efficiency of Land Allocation through Tenancy Markets: Evidence from China
نویسندگان
چکیده
منابع مشابه
The Regulation of Land Markets: Evidence from Tenancy Reform in India
While the regulation of tenancy arrangements is widespread in the developing world, evidence on how such regulation influences the long-run allocation of land and labor remains limited. To provide such evidence, this paper exploits quasi-random assignment of linguistically similar areas to different South Indian states and historical variation in landownership across social groups. Roughly thir...
متن کاملEfficiency in prediction markets, evidence from SciCast.org
Prediction markets have been proposed as an mechanism for collective information elicitation. We analyze data from SciCast, an online prediction market focused on events of scientific interest, to understand the predictive power of the prices to forecast events. Users receive a fixed number of points (5,000) when they join the site, and can trade contingent claims on the different outcomes of t...
متن کاملCorruption and Resource Allocation: Evidence from China
Exploiting a unique data set containing transactions data from a panel of 769 Chinese stateowned enterprises between 1980 and 1989, this paper tests microeconomic implications of a pervasive form of corruption—official diversion of under-priced, in-plan goods to the market. Corruption has the predicted effects on resource allocation. Official under-pricing of in-plan goods, which lowers the mar...
متن کاملLong-Run Impacts of Land Regulation: Evidence from Tenancy Reform in India
Agricultural tenancy reforms have been widely enacted, but evidence on their long-run impact remains limited. In this paper, we provide such evidence by exploiting the quasirandom assignment of linguistically similar areas to different South Indian states that subsequently varied in tenancy regulation policies. Given imperfect credit markets, the impact of tenancy reform should vary by househol...
متن کاملImplication of Tenancy Status on Productivity and Efficiency: Evidence from Fiji
Productivity differences between tenant and owner operated farms have often been investigated using traditional methods. All these studies compute the partial productivity differences between the two farm ownership types. This paper takes the analysis one step further by examining the differences in efficiency among these two farm types. A stochastic frontier production function analysis reveal...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economic Development and Cultural Change
سال: 2011
ISSN: 0013-0079,1539-2988
DOI: 10.1086/649639