Land Accumulation Dynamics in Developing Country Agriculture
Understanding land accumulation dynamics is relevant for policy makers interested in the economic effects of land inequality in developing country agriculture. We thus explore and simultaneously test the leading theories of microlevel land accumulation dynamics using unique panel data from Paraguay. The results suggest that farm growth varies systematically with farm size --a formal rejection of stochasticgrowth theories (that is, Gibrat's Law)-- and that titled land area may have considerable infuence on land accumulation. Furthermore, our estimates indicate that a dualistic agrarian structure is the likely product of the unfettered operation of land markets.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Land Titling, Land Tenure, Agricultural Policy, C23 - Panel Data Models • Spatio-temporal Models, O13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products, O54 - Latin America • Caribbean, Q15 - Land Ownership and Tenure • Land Reform • Land Use • Irrigation • Agriculture and Environment, Paraguay;Dynamic panel models;Land inequality;Land accumulation;Farm growth, |
Online Access: | http://dx.doi.org/10.18235/0011644 https://publications.iadb.org/en/land-accumulation-dynamics-developing-country-agriculture |
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