What Drives the Global “Land Rush”?
We review evidence regarding the size and evolution of the "land rush" in the wake of the 2007–8 boom in agricultural commodity prices, and we study the determinants of foreign land acquisition for large-scale agricultural investment. The use of data on bilateral investment relationships t...
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| Format: | Journal Article |
| Language: | en_US |
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Oxford University Press on behalf of the World Bank
2017
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| Online Access: | http://hdl.handle.net/10986/25840 |
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okr-10986-258402021-04-23T14:04:32Z What Drives the Global “Land Rush”? Arezki, Rabah Deininger, Klaus Selod, Harris land acquisition large-scale agriculture foreign investment agro-ecological potential land availability land governance property rights We review evidence regarding the size and evolution of the "land rush" in the wake of the 2007–8 boom in agricultural commodity prices, and we study the determinants of foreign land acquisition for large-scale agricultural investment. The use of data on bilateral investment relationships to estimate gravity models of transnational land-intensive investments confirms the central role of agro-ecological potential as a pull factor. However, this finding contrasts the standard literature insofar as the quality of the destination country's business climate is insignificant, and weak tenure security is associated with increased interest for investors to acquire land in the country. Policy implications are discussed. 2017-01-11T21:32:43Z 2017-01-11T21:32:43Z 2015-07 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/25840 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Africa Sub-Saharan Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
land acquisition large-scale agriculture foreign investment agro-ecological potential land availability land governance property rights |
| spellingShingle |
land acquisition large-scale agriculture foreign investment agro-ecological potential land availability land governance property rights Arezki, Rabah Deininger, Klaus Selod, Harris What Drives the Global “Land Rush”? |
| geographic_facet |
Africa Sub-Saharan Africa |
| description |
We review evidence regarding the size and evolution of the "land rush" in the wake of the 2007–8 boom in agricultural commodity prices, and we study the determinants of foreign land acquisition for large-scale agricultural investment. The use of data on bilateral investment relationships to estimate gravity models of transnational land-intensive investments confirms the central role of agro-ecological potential as a pull factor. However, this finding contrasts the standard literature insofar as the quality of the destination country's business climate is insignificant, and weak tenure security is associated with increased interest for investors to acquire land in the country. Policy implications are discussed. |
| format |
Journal Article |
| author |
Arezki, Rabah Deininger, Klaus Selod, Harris |
| author_facet |
Arezki, Rabah Deininger, Klaus Selod, Harris |
| author_sort |
Arezki, Rabah |
| title |
What Drives the Global “Land Rush”? |
| title_short |
What Drives the Global “Land Rush”? |
| title_full |
What Drives the Global “Land Rush”? |
| title_fullStr |
What Drives the Global “Land Rush”? |
| title_full_unstemmed |
What Drives the Global “Land Rush”? |
| title_sort |
what drives the global “land rush”? |
| publisher |
Oxford University Press on behalf of the World Bank |
| publishDate |
2017 |
| url |
http://hdl.handle.net/10986/25840 |
| _version_ |
1764460283304083456 |