scispace - formally typeset
Journal ArticleDOI

On the operation of the land market in backward agriculture: Evidence from a village in Orissa, Eastern India

Kailas Sarap
- 01 Jan 1998 - 
- Vol. 25, Iss: 2, pp 102-130
Reads0
Chats0
TLDR
In this article, the implications of different contracts found in the land market in the study village were analyzed based on original field data, and a variety of tenurial contracts including land mortgage, with different terms and conditions, have been found.
Abstract
Based on original field data this article analyses the implications of different contracts found in the land market in the study village. A variety of tenurial contracts including land mortgage, with different terms and conditions, have been found. However, landless labourers were discriminated against by lessors because of their lack of working capital and inadequate cash to lease in land on a cash payment basis. Land mortgage is resorted to by poor peasant as a strategy to mobilise funds for urgent purposes and thereby to stop land alienation. The behaviour of land sale and purchase transactions showed the sluggish nature of the land market, but distress sale is an important phenomenon found in the village. Both intra‐class and inter‐class land transfer were found and the process of differentiation was complex. Rich farmers have tried to consolidate and enlarge their land holdings through selling of low quality and unfavourably located plots and buying better quality and favourably located plots. The pr...

read more

Citations
More filters
BookDOI

Land policies for growth and poverty reduction

TL;DR: In this paper, the authors highlight the importance of land policies in support of development, and poverty reduction, by setting out the results of recent research in a way that is accessible to a wide audience.
Journal ArticleDOI

From Peasant Studies to Agrarian Change

TL;DR: The authors surveys themes and approaches in agrarian political economy over the last three decades, especially with reference to contributions to, and debates in, the Journal of Peasant Studies of which T. J. Byres was editor from 1973 to 2000 and Henry Bernstein editor from 1985 to 2000.
Journal ArticleDOI

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

TL;DR: In this paper, the authors use data from Vietnam, a transition country that allows rental and sales of land use rights, to identify factors conducive to the development of land markets and to assess the extent to which land transfers enhance productive efficiency and transfer land to the poor.
Book ChapterDOI

Chapter 51 Efficiency and Equity Effects of Land Markets

TL;DR: In this article, the authors identify why land tenancy transaction is more common than land sales transactions and why share tenancy is more frequent than leasehold tenancy, and critically review the theories of share tenancy, tenure security, and adjustment costs of farm size.
Journal ArticleDOI

How do land rental markets affect household income? Evidence from rural Jiangsu, P.R. China

TL;DR: In this article, the effects of land rental decisions of farm households on their income and income components, i.e., farm, off-farm and transfer income, taking into account potential endogeneity of land renting decisions, are examined.
References
More filters
Journal ArticleDOI

Behavioural and material determinants of production relations in agriculture

TL;DR: In this paper, the authors developed a framework for analysing the major institutions governing the production and exchange of output and the primary factors of production in rural areas, incorporating general considerations of risk and information constraints jointly with the principal material attributes of agriculture and agricultural production factors.
Posted Content

A Theory of Economic History

Journal ArticleDOI

Land tenure and property rights : theory and implications for development policy

TL;DR: In this article, the authors explore the nature of property rights systems, their evolution, and their effect on resource allocation, and present a formal model analyzing the effects of security of land rights on land prices, the intensity of cultivation, and the use of credit.
Journal ArticleDOI

Land Tenure and Investment in African Agriculture: Theory and Evidence

TL;DR: In this article, the authors used a narrowly defined neo-classical model to derive the hypothesis that traditional African systems of "communal" land tenure are inefficient when land has scarcity value, and argued that individualised tenure is superior because owners are given incentives to use land most efficiently and thereby maximise agriculture's contribution to social well-being.
Journal ArticleDOI

Economic Analysis, the Legal Framework and Land Tenure Systems

TL;DR: In this paper, the authors argue that there is no reason why the sociological benefits of particular tenure systems cannot be obtained by some alternative arrangement while creating a tenure system that is designed to facilitate wealth maximization and wealth increases.