Ghatak, Maitreesh; Mookherjee, Dilip - 2011
This paper addresses the question of how farmers displaced by acquisition of agricultural land for the purpose of … industrialization ought to be compensated. Prior to acquisition, the farmers are leasing in land from a landlord, either a private owner … sell the land ex post to an industrial developer, and ex ante incentives of tenants and landlord to make specific …