Land reallocation in an agrarian transition

成果类型:
Article
署名作者:
Ravallion, Martin; de Walle, Dominique van
署名单位:
The World Bank
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1111/j.1468-0297.2006.01117.x
发表日期:
2006
页码:
924-942
关键词:
Vietnam
摘要:
Liberalising key factor markets is a crucial step in the transition from a socialist control-economy to a market economy. However, the process can be stalled by imperfect information, high transaction costs and covert resistance from entrenched interests. The article studies agricultural land reallocation in the wake of Vietnam's efforts to establish a free market in land- use rights following de-collectivisation. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual. Land allocation responded positively but slowly to the initial inefficiencies. There is no sign that the transition favoured the land rich or that it was thwarted by local officials.