Showing 1 - 10 of 284
We exploit substantial variation in land-market institutions across Indian states and detailed micro household-level panel data to assess the effect of distortions in land rental markets on agricultural productivity. We provide empirical evidence that states with more rental-market activity...
Persistent link: https://www.econbiz.de/10012660041
Housing and land prices in China have experienced dramatic hikes over the past decade or two. Moreover, housing and land prices have also become more dispersed across Chinese cities. This paper intends to explore how housing and land market frictions may affect not only the aggregate but also...
Persistent link: https://www.econbiz.de/10012481813
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...
Persistent link: https://www.econbiz.de/10012463582
Governments employ two basic policies for acquiring land: taking it through exercise of their power of eminent domain; and purchasing it. The social desirability of these two policies is compared in a model in which the government's information about landowners' valuations is imperfect. Under...
Persistent link: https://www.econbiz.de/10012465083
We assess the role of land markets on factor misallocation in Ethiopia--where land is owned by the state--by exploiting policy-driven variation in land rentals across time and space arising from a recent land certification reform. Our main finding from detailed micro data is that land rentals...
Persistent link: https://www.econbiz.de/10012453679
We introduce an empirical framework for valuing markets in environmental offsets. Using newly-collected data on wetland conservation and offsets, we apply this framework to evaluate a set of decentralized markets in Florida, where land developers purchase offsets from a small number of...
Persistent link: https://www.econbiz.de/10014322882
In 2008, Uganda granted hundreds of small groups $400/person to help members start individual skilled trades. Four … years to find these start-up grants acted more as a kick-start than a lift out of poverty. Grantees' investment leveled off …
Persistent link: https://www.econbiz.de/10012480652
and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we …
Persistent link: https://www.econbiz.de/10010522996
, including welfare participation, labor market involvement, earnings, income and poverty, and family formation. While no single … family earnings. The result was a rise in total family income and a decline in poverty. The gains from the 1996 reforms were …
Persistent link: https://www.econbiz.de/10012471144
in the paper, providing an income guarantee for all elderly individuals that is equal to the poverty line, increases … substantially greater effects on poverty if participation rates were increased …
Persistent link: https://www.econbiz.de/10012471195