Land Allocation in Vietnam's Agrarian Transition:
While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. Ravallion and van de Walle study land-market a...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2003
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| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. Ravallion and van de Walle study land-market adjustment in the wake of Vietnam's reforms aiming to establish a free market in land-use rights following de-collectivization. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual market solution. The authors' tests using a farm-household panel data set spanning the reforms suggest that land allocation responded positively but slowly to the inefficiencies of the administrative allocation. They find no sign that the transition favored the land rich or that it was thwarted by the continuing power over land held by local officials. This paper-a joint product of the Poverty Team and the Public Services Team, Development Research Group-is part of a larger effort in the group to understand the welfare impacts of major policy reforms |
| Beschreibung: | 1 Online-Ressource (32 Seiten)) |
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| spelling | Ravallion, Martin Verfasser aut Land Allocation in Vietnam's Agrarian Transition Ravallion, Martin Washington, D.C The World Bank 2003 1 Online-Ressource (32 Seiten)) txt rdacontent c rdamedia cr rdacarrier While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. Ravallion and van de Walle study land-market adjustment in the wake of Vietnam's reforms aiming to establish a free market in land-use rights following de-collectivization. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual market solution. The authors' tests using a farm-household panel data set spanning the reforms suggest that land allocation responded positively but slowly to the inefficiencies of the administrative allocation. They find no sign that the transition favored the land rich or that it was thwarted by the continuing power over land held by local officials. This paper-a joint product of the Poverty Team and the Public Services Team, Development Research Group-is part of a larger effort in the group to understand the welfare impacts of major policy reforms Online-Ausg Allocation Climate Change Communities & Human Settlements Consumption Contract Cost Economics Efficiency Environment Forestry Historical Context Labor Land Land Use and Policies Macroeconomics and Economic Growth Market Market Economy Municipal Housing Political Economy Poverty Reduction Price Variation Private Sector Development Rural Development Rural Development Knowledge and Information Systems Rural Land Policies for Poverty Reduction Urban Development Urban Housing Ravallion, Martin Sonstige oth Walle, de van Dominique Sonstige oth Ravallion, Martin Land Allocation in Vietnam's Agrarian Transition http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2951 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Ravallion, Martin Land Allocation in Vietnam's Agrarian Transition Allocation Climate Change Communities & Human Settlements Consumption Contract Cost Economics Efficiency Environment Forestry Historical Context Labor Land Land Use and Policies Macroeconomics and Economic Growth Market Market Economy Municipal Housing Political Economy Poverty Reduction Price Variation Private Sector Development Rural Development Rural Development Knowledge and Information Systems Rural Land Policies for Poverty Reduction Urban Development Urban Housing |
| title | Land Allocation in Vietnam's Agrarian Transition |
| title_auth | Land Allocation in Vietnam's Agrarian Transition |
| title_exact_search | Land Allocation in Vietnam's Agrarian Transition |
| title_exact_search_txtP | Land Allocation in Vietnam's Agrarian Transition |
| title_full | Land Allocation in Vietnam's Agrarian Transition Ravallion, Martin |
| title_fullStr | Land Allocation in Vietnam's Agrarian Transition Ravallion, Martin |
| title_full_unstemmed | Land Allocation in Vietnam's Agrarian Transition Ravallion, Martin |
| title_short | Land Allocation in Vietnam's Agrarian Transition |
| title_sort | land allocation in vietnam s agrarian transition |
| topic | Allocation Climate Change Communities & Human Settlements Consumption Contract Cost Economics Efficiency Environment Forestry Historical Context Labor Land Land Use and Policies Macroeconomics and Economic Growth Market Market Economy Municipal Housing Political Economy Poverty Reduction Price Variation Private Sector Development Rural Development Rural Development Knowledge and Information Systems Rural Land Policies for Poverty Reduction Urban Development Urban Housing |
| topic_facet | Allocation Climate Change Communities & Human Settlements Consumption Contract Cost Economics Efficiency Environment Forestry Historical Context Labor Land Land Use and Policies Macroeconomics and Economic Growth Market Market Economy Municipal Housing Political Economy Poverty Reduction Price Variation Private Sector Development Rural Development Rural Development Knowledge and Information Systems Rural Land Policies for Poverty Reduction Urban Development Urban Housing |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2951 |
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