Land Rights and Economic Development : Evidence from Vietnam
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...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2003/08/2507710/land-rights-economic-development-evidence-vietnam-land-rights-economic-development-evidence-viet-nam http://hdl.handle.net/10986/18116 |
| Summary: | 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. |
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