Land rights and economic development: evidence from Vietnam

No 3120, Policy Research Working Paper Series from The World Bank

Abstract: The authors examine the impact of land reform in Vietnam which gives households the power to exchange, transfer, lease, inherit, and mortgage their land-use rights. The authors expect this change to increase the incentives as well as the ability to undertake long-term investments on the part of households. Their difference-in-differences estimation strategy takes advantage of the variation across provinces in the issuance of land-use certificates needed to enforce these rights. The results indicate that the additional land rights led to significant increases in the share of total area devoted to multi-year crops, as well as some increase in irrigation investment. These effects are stronger in areas that felt the impact of the land reform earlier.

Keywords: Agricultural Knowledge&Information Systems; Environmental Economics&Policies; Municipal Housing and Land; Real Estate Development; Land and Real Estate Development; Municipal Housing and Land; Rural Land Policies for Poverty Reduction; Environmental Economics&Policies; Agricultural Knowledge&Information Systems; Forestry (search for similar items in EconPapers)
Date: 2003-08-31
New Economics Papers: this item is included in nep-dev, nep-sea and nep-tra
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Citations: View citations in EconPapers (39)

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