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About the book: There is a widespread belief that the low growth of agricultural production and the high depletion of natural resources base in Madagascar are partly due to lack of land tenure security. This book investigates the impacts of land property on the level of agricultural investment...
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Since the transition to agricultural production, property rights to land have been a key institution for economic development. Clearly defined land rights provide economic agents with increased access to credit, secure returns on investment, free up resources used to defend one's land rights,...
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Within this paper, we aim to investigate asymmetries among bidders in land auctions that may entail non-competitive prices. Using representative data for Eastern Germany including winning bids, bidder characteristics, and land amenities, we pursue a structural approach to derive distributions of...
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The price increases on agricultural land markets in the last decade have triggered a debate about land as an attractive investment opportunity for agricultural and non-agricultural investors. In a static environment, the rent-price ratio provides a first indicator of the profitability of an...
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