Land Reforms, Poverty Reduction, and Economic Growth : Evidence from India
Recognition of the importance of institutions that provide security of property rights and relatively equal access to economic resources to a broad cross-section of society has renewed interest in the potential of asset redistribution, including la...
Main Authors: | , , |
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Format: | Policy Research Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2007/12/8887390/land-reforms-poverty-reduction-economic-growth-evidence-india http://hdl.handle.net/10986/7531 |
Summary: | Recognition of the importance of
institutions that provide security of property rights and
relatively equal access to economic resources to a broad
cross-section of society has renewed interest in the
potential of asset redistribution, including land reforms.
Empirical analysis of the impact of such policies is,
however, scant and often contradictory. This paper uses
panel household data from India, together with state-level
variation in the implementation of land reform, to address
some of the deficiencies of earlier studies. The results
suggest that land reform had a significant and positive
impact on income growth and accumulation of human and
physical capital. The paper draws policy implications,
especially from the fact that the observed impact of land
reform seems to have declined over time. |
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