Impact of Land Tenure Security Perception on Tree Planting Investment in Vietnam
نویسندگان
چکیده
With over 14 million hectares allocated, Vietnam’s forest and forestland allocation has been one of the largest natural resource decentralization programs in developing world last three decades. Given this remarkable achievement, critics are concerned about low rates household tree planting investment question roles effects land institutions on investment. Using nested logit ordered probit models, study examined perceptions tenure security causal among 239 households 11 communes Central Highlands. The findings suggested that, given titling hand, potential expropriation next five years did not thwart investments both short-term acacia long-term cashew horizons. number laborers, cost plantations, off-farm agricultural incomes, migrant status, soil condition, plot location, government subsidies, a positive market outlook all played significant role Interestingly, we found that had reverse impact decreasing users’ security, possibly because each rotation shortens 50-year use period recorded Land Use Right Certificate. However, prospects subsidies may significantly counteract negative perception LTS encourage to plant trees. policy implication is addition strengthening ensure households’ current future rights, investment-incentivized policies should be implemented.
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ژورنال
عنوان ژورنال: Land
سال: 2023
ISSN: ['2073-445X']
DOI: https://doi.org/10.3390/land12020503