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We examine the impact of legislated land ceiling size on capital investment and industrialisation in the Indian states. India's land ceiling legislations of 1960s and 1970s imposed a ceiling on maximum land holdings and redistributed above-ceiling lands. These ceiling legislations, effectively...
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Transferring land from (relatively low productivity) agriculture to industry has proved to be difficult in many less developed countries. This is the first paper to document the role of legislated ceiling size in explaining this puzzle, arguing that these legislations made land acquisition for...
Persistent link: https://www.econbiz.de/10012851068
We examine the impact of legislated land ceiling size on capital investment and industrialisation in the Indian states. India’s land ceiling legislations of 1960s and 1970s imposed a ceiling on maximum land holdings and redistributed above-ceiling lands. These ceiling legislations, effectively...
Persistent link: https://www.econbiz.de/10013218381