Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India

Although opinions on impacts of land market transfers are sharply divided, few studies explore welfare- and productivity-impact of land sales markets over a long time horizon and national scale. A panel spanning almost 20 years, together with an indicator of climatic (rainfall) shocks, allows us to...

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Main Authors: Deininger, Klaus, Jin, Songqing, Nagarajan, Hari K.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5623
id okr-10986-5623
recordtype oai_dc
spelling okr-10986-56232021-04-23T14:02:23Z Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India Deininger, Klaus Jin, Songqing Nagarajan, Hari K. Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Renewable Resources and Conservation: Land Q240 Housing Markets, Production Analysis, and Firm Location: General R300 Although opinions on impacts of land market transfers are sharply divided, few studies explore welfare- and productivity-impact of land sales markets over a long time horizon and national scale. A panel spanning almost 20 years, together with an indicator of climatic (rainfall) shocks, allows us to assess factors underlying market-mediated land (sale and purchase) transactions and their impact on productivity and equity. Economic growth emerges as a key driver of such markets although shocks, their effect mitigated by bank presence, also increased market activity. Land sales improved productivity and helped purchasers, many of them formerly landless, to accumulate non-land assets and enhance their welfare. 2012-03-30T07:33:43Z 2012-03-30T07:33:43Z 2009 Journal Article World Development 0305750X http://hdl.handle.net/10986/5623 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article India
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
Renewable Resources and Conservation: Land Q240
Housing Markets, Production Analysis, and Firm Location: General R300
spellingShingle Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Economic Development: Financial Markets
Saving and Capital Investment
Corporate Finance and Governance O160
Renewable Resources and Conservation: Land Q240
Housing Markets, Production Analysis, and Firm Location: General R300
Deininger, Klaus
Jin, Songqing
Nagarajan, Hari K.
Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India
geographic_facet India
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description Although opinions on impacts of land market transfers are sharply divided, few studies explore welfare- and productivity-impact of land sales markets over a long time horizon and national scale. A panel spanning almost 20 years, together with an indicator of climatic (rainfall) shocks, allows us to assess factors underlying market-mediated land (sale and purchase) transactions and their impact on productivity and equity. Economic growth emerges as a key driver of such markets although shocks, their effect mitigated by bank presence, also increased market activity. Land sales improved productivity and helped purchasers, many of them formerly landless, to accumulate non-land assets and enhance their welfare.
format Journal Article
author Deininger, Klaus
Jin, Songqing
Nagarajan, Hari K.
author_facet Deininger, Klaus
Jin, Songqing
Nagarajan, Hari K.
author_sort Deininger, Klaus
title Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India
title_short Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India
title_full Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India
title_fullStr Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India
title_full_unstemmed Determinants and Consequences of Land Sales Market Participation : Panel Evidence from India
title_sort determinants and consequences of land sales market participation : panel evidence from india
publishDate 2012
url http://hdl.handle.net/10986/5623
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