Land Sales and Rental Markets in Transition
Land Sales and Rental Markets in Transition

Author: Klaus W. Deininger

Publisher: World Bank Publications

Published: 2003

Total Pages: 35

ISBN-13:

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The extent to which households should be allowed to transfer their land rights in post-socialist transition economies is of considerable policy interest. The authors use data from Vietnam, a transition country that allows rental and sales of land use rights, to identify factors conducive to the development of land markets and to assess the extent to which land transfers enhance productive efficiency and transfer land to the poor. They find that activity in both rental and sales markets has increased rapidly, enhanced by the possession of long-term use rights and off-farm employment, and contributing to greater equity and efficiency of land use. While there is evidence for distress sales by households that experience a shock (death), the scope for such sales is reduced by well-functioning credit markets. Well-defined land rights and appropriate safety nets will thus help transition economies to realize the benefits from the operation of land markets.

Land Sales and Rental Markets in Transition
Land Sales and Rental Markets in Transition

Author: Klaus Deininger

Publisher:

Published: 2016

Total Pages: 31

ISBN-13:

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The extent to which households should be allowed to transfer their land rights in post-socialist transition economies is of considerable policy interest. Deininger and Jin use data from Vietnam, a transition country that allows rental and sales of land use rights, to identify factors conducive to the development of land markets and to assess the extent to which land transfers enhance productive efficiency and transfer land to the poor. They find that activity in both rental and sales markets has increased rapidly, enhanced by the possession of long-term use rights and off-farm employment, and contributing to greater equity and efficiency of land use. While there is evidence for distress sales by households that experience a shock (death), the scope for such sales is reduced by well-functioning credit markets. Well-defined land rights and appropriate safety nets will thus help transition economies to realize the benefits from the operation of land markets.This paper - a product of Rural Development, Development Research Group - is part of a larger effort in the group to assess the impact of land policy on equity and productive development.

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

Author: Klaus Deininger

Publisher: World Bank Publications

Published: 2007

Total Pages: 29

ISBN-13:

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Abstract: Although opinions on impacts of land market transfers are sharply divided, few studies explore the welfare and productivity effects of land markets on a larger scale. This paper uses a large Indian panel spanning almost 20 years, together with a climatic shock (rainfall) indicator, to assess the productivity and equity effects of market-mediated land transfers (sale and purchase) compared with non-market ones (inheritance). The analysis shows that frequent shocks increase land market activity, an effect that is mitigated by the presence of safety nets and banks. Land sales markets improved productivity and helped purchasers, many of whom were formerly landless, to accumulate non-land assets and significantly enhance their welfare.

Author:

Publisher: World Bank Publications

Published:

Total Pages: 39

ISBN-13: 0510201857

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Rental Housing
Rental Housing

Author: Ira Gary Peppercorn

Publisher: World Bank Publications

Published: 2013-03-20

Total Pages: 178

ISBN-13: 0821396552

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The discussion of where people live and how people pay for their housing has undergone a significant shift. Until the mortgage crisis erupted in 2008, the housing policy of most nations focused on increasing home ownership. There had been very little discussion about rental housing, less about social housing, and virtually none about public housing. The mortgage crisis showed the challenges inherent in pushing for home ownership for all. With homes going into foreclosure and with credit tightening in many countries, the need for rental housing increased dramatically. However, most countries are only beginning to consider supporting rental housing as a shelter option. This book is an effort to bring rental housing to the forefront of the housing agenda and to provide general guidance to policy makers. The information it provides can assist key players in housing markets--government officials, private rental property owners, financiers, and nongovernmental organizations--in including rental housing as a critical housing option and in having an informed discussion on how best to stimulate this sector.

Transition to Agricultural Market Economies
Transition to Agricultural Market Economies

Author: Andrew Schmitz

Publisher: CABI

Published: 2015-06-22

Total Pages: 278

ISBN-13: 178064535X

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It is believed that the major countries of the former Soviet Union—specifically Kazakhstan, Russia, and Ukraine (KRU region)—are the part of the world with the most potential to increase food supplies and strengthen world food security. This book examines the future of the KRU countries in global agricultural markets and will examine a number of agricultural sectors, including meat, dairy, fruits, and vegetables. However particular attention is paid to the region’s potential expansion of the grain sector and why the KRU region emerged during the 2000s as a major grain exporter, and its potential to further expand grain production and exports. It also examine the issues of environmental constraints and trade-offs for agriculture, sustainability, and the possible effects of climate change

China's Housing Reform and Outcomes
China's Housing Reform and Outcomes

Author: Joyce Yanyun Man

Publisher: Lincoln Inst of Land Policy

Published: 2011

Total Pages: 260

ISBN-13: 9781558442115

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This in-depth volume explains China's residential construction boom and reviews how some established trends are likely to challenge its housing market in coming years. It draws on household surveys and public data in China and provides important lessons about housing policy for China and other countries.

Efficiency and Equity Impacts of Rural Land Rental Restrictions: Evidence from India
Efficiency and Equity Impacts of Rural Land Rental Restrictions: Evidence from India

Author: Klaus Deininger

Publisher: World Bank Publications

Published: 2007

Total Pages: 33

ISBN-13:

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Recognition of the potentially deleterious implications of inequality in opportunity originating in a skewed asset distribution has spawned considerable interest in land reforms. However, little attention has been devoted to the fact that, in the longer-term, the measures used to implement land reforms, especially rental restrictions, could negatively affect productivity. Use of state level data on rental restrictions, together with a nationally representative survey from India suggests that, contrary to original intentions, rental restrictions negatively affect productivity and equity by reducing scope for efficiency-enhancing rental transactions that benefit poor producers. Simulations suggest that, by doubling the number of producers with access to land through rental, from about 15 million currently, liberalization of rental markets could have far-reaching impacts.