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Tenure security and subsistence needs influence the choice between unexploited topsoil and investment in children … investment, while the poor households have lower conservation and human capital investments. We infer that enhanced tenure …
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-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
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assessed. Using detailed plot-level data from rural Pakistan, we find that non-contractible investment is underprovided on … in investment effort alone cannot explain this inefficiency. Instead, imperfect commitment appears to be the driving … mechanism, since even plots taken on fixed rent contracts where all the rent is paid upfront receive lower investment than owner …
Persistent link: https://www.econbiz.de/10012562711
-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10012553651
-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10012748102
, land-related investment, and rental market participation and yielded benefits significantly above the cost of …
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