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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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 |
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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 |
_version_ |
1764395712456425472 |