Land Sales and Rental Markets in Transition: Evidence from Rural Vietnam

35 Pages Posted: 18 Jan 2008

See all articles by Klaus Deininger

Klaus Deininger

World Bank - Development Economics Group (DEC); World Bank - Development Research Group (DECRG)

Songqing Jin

Michigan State University; World Bank

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Abstract

Impact and desirability of land transfers in post-socialist-transition economies have been subject of considerable debate. We use data from Vietnam to identify factors conducive to the development of land markets and to assess potentially differential impacts of rental and sales. Results show that both rental and sales transfer land to more productive producers but that rental is more important for the poor to access land that becomes available as the non-farm economy develops. The fact that secure land rights significantly increase supply of land to the rental market suggests that government has a key role in facilitating emergence and functioning of efficiency-enhancing land markets.

Suggested Citation

Deininger, Klaus and Jin, Songqing, Land Sales and Rental Markets in Transition: Evidence from Rural Vietnam. Oxford Bulletin of Economics and Statistics, Vol. 70, No. 1, pp. 67-101, February 2008. Available at SSRN: https://ssrn.com/abstract=1084223 or http://dx.doi.org/10.1111/j.1468-0084.2007.00484.x

Klaus Deininger (Contact Author)

World Bank - Development Economics Group (DEC) ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

HOME PAGE: http://econ.worldbank.org/staff/kdeininger

World Bank - Development Research Group (DECRG)

1818 H. Street, N.W.
MSN3-311
Washington, DC 20433
United States

Songqing Jin

Michigan State University ( email )

Agriculture Hall
East Lansing, MI 48824-1122
United States

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

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