In Vietnam, all lands belong to the state, who assigns usufruct rights to those lands to individuals and households. In 1993, the state gave 20-year usufruct rights to growers of annual crops, and 50-year usufruct rights to growers of perennial crops. In 2013, as the usufruct rights of growers...

There is an important literature on the causal relationship flowing from the quality of institutions to economic performance. This paper studies this relationship at the micro level by looking at the productivity impacts of land rights. Whereas previous studies used proxies for soil quality and...

While most studies looking at the consequences of tenurial insecurity on land markets in developing countries focus on the effects of tenurial insecurity on the investment behavior of landowners, this paper studies the hitherto unexplored relationship between tenurial insecurity and contract...