Assessing the Functioning of Land Rental Markets in Ethiopia
Although a large theoretical literature discusses the possible inefficiency of sharecropping contracts, the empirical evidence on this phenomenon has been ambiguous at best. Household-level fixed-effect estimates from about 8,500 plots operated by households that own and sharecrop land in the Ethiopian highlands provide support for the hypothesis of Marshallian inefficiency. At the same time, a factor adjustment model suggests that the extent to which rental markets allow households to attain their desired operational holding size is extremely limited. Our analysis points towards factor market imperfections (no rental for oxen), lack of alternative employment opportunities, and tenure insecurity as possible reasons underlying such behavior, suggesting that, rather than worrying almost exclusively about Marshallian inefficiency, it is equally warranted to give due attention to the policy framework within which land rental markets operate.
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dig-okr-1098675562024-08-08T16:49:58Z Assessing the Functioning of Land Rental Markets in Ethiopia Alemu, Tekie Deininger, Klaus Ali, Daniel Ayalew AGENTS AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURE ALLOCATION OF LAND ATTRITION BARRIERS TO ENTRY COMPARATIVE ADVANTAGE CONTRACTUAL ARRANGEMENTS CULTIVATED LAND CULTIVATION DEVELOPMENT ECONOMICS ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENT OUTCOMES EMINENT DOMAIN EMPLOYMENT EMPLOYMENT OPPORTUNITIES EVICTIONS FACTOR MARKETS FAMILY LABOR FARM SIZE FERTILIZER USE FUTURE RESEARCH GENERAL EQUILIBRIUM GINI COEFFICIENT HOUSEHOLDS HUMAN CAPITAL INCENTIVE EFFECTS INCOME INEFFICIENCY INHERITANCE INSURANCE IRRIGATED LAND LABOR MARKETS LAND ADMINISTRATION LAND DISTRIBUTION LAND ECONOMICS LAND LEASING LAND MARKETS LAND OWNERS LAND OWNERSHIP LAND PRODUCTIVITY LAND QUALITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RESOURCES LAND RIGHTS LAND SETTLEMENT LAND TENANCY LAND TENURE LAND TRANSFERS LAND USE LANDLORDS MARGINAL PRODUCT MORAL HAZARD MOTIVATION OUTPUTS PERFECT INFORMATION PERFECT MARKETS POINTS POLITICAL ECONOMY PRODUCTION EFFICIENCY PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESS RESIDUAL RISK RISK AVERSION RISK NEUTRAL RURAL LAND USE SHARECROPPING SITES SOCIAL CAPITAL SOIL EROSION SOIL QUALITY SUPPLIERS TAXATION TENANTS TOPOGRAPHY URBAN DEVELOPMENT UTILITY MAXIMIZATION VARIABLE INPUTS WEALTH WORKING CAPITAL Although a large theoretical literature discusses the possible inefficiency of sharecropping contracts, the empirical evidence on this phenomenon has been ambiguous at best. Household-level fixed-effect estimates from about 8,500 plots operated by households that own and sharecrop land in the Ethiopian highlands provide support for the hypothesis of Marshallian inefficiency. At the same time, a factor adjustment model suggests that the extent to which rental markets allow households to attain their desired operational holding size is extremely limited. Our analysis points towards factor market imperfections (no rental for oxen), lack of alternative employment opportunities, and tenure insecurity as possible reasons underlying such behavior, suggesting that, rather than worrying almost exclusively about Marshallian inefficiency, it is equally warranted to give due attention to the policy framework within which land rental markets operate. 2012-06-08T18:37:35Z 2012-06-08T18:37:35Z 2007-12 http://documents.worldbank.org/curated/en/2007/12/8880225/assessing-functioning-land-rental-markets-ethiopia https://hdl.handle.net/10986/7556 English Policy Research Working Paper; No. 4442 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain World Bank, Washington, DC |
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Banco Mundial |
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Estados Unidos |
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US |
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Bibliográfico |
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biblioteca |
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America del Norte |
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Biblioteca del Banco Mundial |
| language |
English |
| topic |
AGENTS AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURE ALLOCATION OF LAND ATTRITION BARRIERS TO ENTRY COMPARATIVE ADVANTAGE CONTRACTUAL ARRANGEMENTS CULTIVATED LAND CULTIVATION DEVELOPMENT ECONOMICS ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENT OUTCOMES EMINENT DOMAIN EMPLOYMENT EMPLOYMENT OPPORTUNITIES EVICTIONS FACTOR MARKETS FAMILY LABOR FARM SIZE FERTILIZER USE FUTURE RESEARCH GENERAL EQUILIBRIUM GINI COEFFICIENT HOUSEHOLDS HUMAN CAPITAL INCENTIVE EFFECTS INCOME INEFFICIENCY INHERITANCE INSURANCE IRRIGATED LAND LABOR MARKETS LAND ADMINISTRATION LAND DISTRIBUTION LAND ECONOMICS LAND LEASING LAND MARKETS LAND OWNERS LAND OWNERSHIP LAND PRODUCTIVITY LAND QUALITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RESOURCES LAND RIGHTS LAND SETTLEMENT LAND TENANCY LAND TENURE LAND TRANSFERS LAND USE LANDLORDS MARGINAL PRODUCT MORAL HAZARD MOTIVATION OUTPUTS PERFECT INFORMATION PERFECT MARKETS POINTS POLITICAL ECONOMY PRODUCTION EFFICIENCY PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESS RESIDUAL RISK RISK AVERSION RISK NEUTRAL RURAL LAND USE SHARECROPPING SITES SOCIAL CAPITAL SOIL EROSION SOIL QUALITY SUPPLIERS TAXATION TENANTS TOPOGRAPHY URBAN DEVELOPMENT UTILITY MAXIMIZATION VARIABLE INPUTS WEALTH WORKING CAPITAL AGENTS AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURE ALLOCATION OF LAND ATTRITION BARRIERS TO ENTRY COMPARATIVE ADVANTAGE CONTRACTUAL ARRANGEMENTS CULTIVATED LAND CULTIVATION DEVELOPMENT ECONOMICS ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENT OUTCOMES EMINENT DOMAIN EMPLOYMENT EMPLOYMENT OPPORTUNITIES EVICTIONS FACTOR MARKETS FAMILY LABOR FARM SIZE FERTILIZER USE FUTURE RESEARCH GENERAL EQUILIBRIUM GINI COEFFICIENT HOUSEHOLDS HUMAN CAPITAL INCENTIVE EFFECTS INCOME INEFFICIENCY INHERITANCE INSURANCE IRRIGATED LAND LABOR MARKETS LAND ADMINISTRATION LAND DISTRIBUTION LAND ECONOMICS LAND LEASING LAND MARKETS LAND OWNERS LAND OWNERSHIP LAND PRODUCTIVITY LAND QUALITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RESOURCES LAND RIGHTS LAND SETTLEMENT LAND TENANCY LAND TENURE LAND TRANSFERS LAND USE LANDLORDS MARGINAL PRODUCT MORAL HAZARD MOTIVATION OUTPUTS PERFECT INFORMATION PERFECT MARKETS POINTS POLITICAL ECONOMY PRODUCTION EFFICIENCY PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESS RESIDUAL RISK RISK AVERSION RISK NEUTRAL RURAL LAND USE SHARECROPPING SITES SOCIAL CAPITAL SOIL EROSION SOIL QUALITY SUPPLIERS TAXATION TENANTS TOPOGRAPHY URBAN DEVELOPMENT UTILITY MAXIMIZATION VARIABLE INPUTS WEALTH WORKING CAPITAL |
| spellingShingle |
AGENTS AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURE ALLOCATION OF LAND ATTRITION BARRIERS TO ENTRY COMPARATIVE ADVANTAGE CONTRACTUAL ARRANGEMENTS CULTIVATED LAND CULTIVATION DEVELOPMENT ECONOMICS ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENT OUTCOMES EMINENT DOMAIN EMPLOYMENT EMPLOYMENT OPPORTUNITIES EVICTIONS FACTOR MARKETS FAMILY LABOR FARM SIZE FERTILIZER USE FUTURE RESEARCH GENERAL EQUILIBRIUM GINI COEFFICIENT HOUSEHOLDS HUMAN CAPITAL INCENTIVE EFFECTS INCOME INEFFICIENCY INHERITANCE INSURANCE IRRIGATED LAND LABOR MARKETS LAND ADMINISTRATION LAND DISTRIBUTION LAND ECONOMICS LAND LEASING LAND MARKETS LAND OWNERS LAND OWNERSHIP LAND PRODUCTIVITY LAND QUALITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RESOURCES LAND RIGHTS LAND SETTLEMENT LAND TENANCY LAND TENURE LAND TRANSFERS LAND USE LANDLORDS MARGINAL PRODUCT MORAL HAZARD MOTIVATION OUTPUTS PERFECT INFORMATION PERFECT MARKETS POINTS POLITICAL ECONOMY PRODUCTION EFFICIENCY PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESS RESIDUAL RISK RISK AVERSION RISK NEUTRAL RURAL LAND USE SHARECROPPING SITES SOCIAL CAPITAL SOIL EROSION SOIL QUALITY SUPPLIERS TAXATION TENANTS TOPOGRAPHY URBAN DEVELOPMENT UTILITY MAXIMIZATION VARIABLE INPUTS WEALTH WORKING CAPITAL AGENTS AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURE ALLOCATION OF LAND ATTRITION BARRIERS TO ENTRY COMPARATIVE ADVANTAGE CONTRACTUAL ARRANGEMENTS CULTIVATED LAND CULTIVATION DEVELOPMENT ECONOMICS ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENT OUTCOMES EMINENT DOMAIN EMPLOYMENT EMPLOYMENT OPPORTUNITIES EVICTIONS FACTOR MARKETS FAMILY LABOR FARM SIZE FERTILIZER USE FUTURE RESEARCH GENERAL EQUILIBRIUM GINI COEFFICIENT HOUSEHOLDS HUMAN CAPITAL INCENTIVE EFFECTS INCOME INEFFICIENCY INHERITANCE INSURANCE IRRIGATED LAND LABOR MARKETS LAND ADMINISTRATION LAND DISTRIBUTION LAND ECONOMICS LAND LEASING LAND MARKETS LAND OWNERS LAND OWNERSHIP LAND PRODUCTIVITY LAND QUALITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RESOURCES LAND RIGHTS LAND SETTLEMENT LAND TENANCY LAND TENURE LAND TRANSFERS LAND USE LANDLORDS MARGINAL PRODUCT MORAL HAZARD MOTIVATION OUTPUTS PERFECT INFORMATION PERFECT MARKETS POINTS POLITICAL ECONOMY PRODUCTION EFFICIENCY PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESS RESIDUAL RISK RISK AVERSION RISK NEUTRAL RURAL LAND USE SHARECROPPING SITES SOCIAL CAPITAL SOIL EROSION SOIL QUALITY SUPPLIERS TAXATION TENANTS TOPOGRAPHY URBAN DEVELOPMENT UTILITY MAXIMIZATION VARIABLE INPUTS WEALTH WORKING CAPITAL Alemu, Tekie Deininger, Klaus Ali, Daniel Ayalew Assessing the Functioning of Land Rental Markets in Ethiopia |
| description |
Although a large theoretical literature
discusses the possible inefficiency of sharecropping
contracts, the empirical evidence on this phenomenon has
been ambiguous at best. Household-level fixed-effect
estimates from about 8,500 plots operated by households that
own and sharecrop land in the Ethiopian highlands provide
support for the hypothesis of Marshallian inefficiency. At
the same time, a factor adjustment model suggests that the
extent to which rental markets allow households to attain
their desired operational holding size is extremely limited.
Our analysis points towards factor market imperfections (no
rental for oxen), lack of alternative employment
opportunities, and tenure insecurity as possible reasons
underlying such behavior, suggesting that, rather than
worrying almost exclusively about Marshallian inefficiency,
it is equally warranted to give due attention to the policy
framework within which land rental markets operate. |
| topic_facet |
AGENTS AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURE ALLOCATION OF LAND ATTRITION BARRIERS TO ENTRY COMPARATIVE ADVANTAGE CONTRACTUAL ARRANGEMENTS CULTIVATED LAND CULTIVATION DEVELOPMENT ECONOMICS ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIES OF SCALE EFFICIENT OUTCOMES EMINENT DOMAIN EMPLOYMENT EMPLOYMENT OPPORTUNITIES EVICTIONS FACTOR MARKETS FAMILY LABOR FARM SIZE FERTILIZER USE FUTURE RESEARCH GENERAL EQUILIBRIUM GINI COEFFICIENT HOUSEHOLDS HUMAN CAPITAL INCENTIVE EFFECTS INCOME INEFFICIENCY INHERITANCE INSURANCE IRRIGATED LAND LABOR MARKETS LAND ADMINISTRATION LAND DISTRIBUTION LAND ECONOMICS LAND LEASING LAND MARKETS LAND OWNERS LAND OWNERSHIP LAND PRODUCTIVITY LAND QUALITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RESOURCES LAND RIGHTS LAND SETTLEMENT LAND TENANCY LAND TENURE LAND TRANSFERS LAND USE LANDLORDS MARGINAL PRODUCT MORAL HAZARD MOTIVATION OUTPUTS PERFECT INFORMATION PERFECT MARKETS POINTS POLITICAL ECONOMY PRODUCTION EFFICIENCY PRODUCTION FUNCTION PRODUCTION INPUTS PRODUCTION PROCESS RESIDUAL RISK RISK AVERSION RISK NEUTRAL RURAL LAND USE SHARECROPPING SITES SOCIAL CAPITAL SOIL EROSION SOIL QUALITY SUPPLIERS TAXATION TENANTS TOPOGRAPHY URBAN DEVELOPMENT UTILITY MAXIMIZATION VARIABLE INPUTS WEALTH WORKING CAPITAL |
| author |
Alemu, Tekie Deininger, Klaus Ali, Daniel Ayalew |
| author_facet |
Alemu, Tekie Deininger, Klaus Ali, Daniel Ayalew |
| author_sort |
Alemu, Tekie |
| title |
Assessing the Functioning of Land Rental Markets in Ethiopia |
| title_short |
Assessing the Functioning of Land Rental Markets in Ethiopia |
| title_full |
Assessing the Functioning of Land Rental Markets in Ethiopia |
| title_fullStr |
Assessing the Functioning of Land Rental Markets in Ethiopia |
| title_full_unstemmed |
Assessing the Functioning of Land Rental Markets in Ethiopia |
| title_sort |
assessing the functioning of land rental markets in ethiopia |
| publisher |
World Bank, Washington, DC |
| publishDate |
2007-12 |
| url |
http://documents.worldbank.org/curated/en/2007/12/8880225/assessing-functioning-land-rental-markets-ethiopia https://hdl.handle.net/10986/7556 |
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AT alemutekie assessingthefunctioningoflandrentalmarketsinethiopia AT deiningerklaus assessingthefunctioningoflandrentalmarketsinethiopia AT alidanielayalew assessingthefunctioningoflandrentalmarketsinethiopia |
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1807158053158518784 |