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Leasehold estate

About: Leasehold estate is a research topic. Over the lifetime, 1589 publications have been published within this topic receiving 21480 citations. The topic is also known as: leasehold & tenancy.


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TL;DR: In this article, the authors exploit quasi-random assignment of linguistically similar areas to different South Indian states and historical variation in landownership across social groups to provide evidence on how such regulation influences the long-run allocation of land and labor.
Abstract: While the regulation of tenancy arrangements is widespread in the developing world, evidence on how such regulation influences the long-run allocation of land and labor remains limited. To provide such evidence, this paper exploits quasi-random assignment of linguistically similar areas to different South Indian states and historical variation in landownership across social groups. Roughly thirty years after the bulk of tenancy reform occurred, areas that witnessed greater regulation of tenancy have lower land inequality and higher wages and agricultural labor supply. We argue that stricter regulations reduced the rents landowners can extract from tenants and thus increased land sales to relatively richer and more productive middle caste tenants; this is reflected in aggregate productivity gains. At the same time, tenancy regulations reduced landowner willingness to rent, adversely impacting low caste households who lacked access to credit markets. These groups experience greater landlessness, and are more likely to work as agricultural labor.

10 citations

Journal ArticleDOI
TL;DR: In this paper, the authors argue that a resource held in tenancy in common is likely to be underused and underinvested, and is thus better characterized as anticommons.
Abstract: This article argues that a resource held in tenancy in common is likely to be underused and underinvested, and is thus better characterized as anticommons. Nevertheless, tenancy in common does not necessarily create tragedy, as under most legal regimes each co-tenant has a right to petition for partition at any time, and after partition, new owners are likely to utilize the resource more efficiently. Using data from Taiwan, this article finds that cooperation among co-tenants does not fail as often as the literature has suggested. In 2005–2010, at least 82.5 percent of the co-ownership partitions were conducted through voluntary agreements, while only about 7.5 percent of the partitions were ordered by the court. In addition, using multinomial logistic regression models, this article finds that the court tends to order, and the plaintiffs tend to petition for, partition by sale when partitioning in kind or partial partition would create excessively small plots. (JEL code: K11)

10 citations

Journal ArticleDOI
TL;DR: In this paper, the authors discuss whether liberalisation has moderated or aggravated India's employment problems, since the Modi government's election in 2014 and the introduction of the flagship “Make in India” campaign.
Abstract: This article discusses whether liberalisation has moderated or aggravated India’s employment problems. Since the Modi government’s election in 2014 and the introduction of the flagship “Make in Ind...

10 citations

Journal ArticleDOI
TL;DR: In this article, the authors discuss the relationship between land ownership and mortgage indebtedness in the United States, and the "agricultural ladder," and the character of our tenancy.
Abstract: Introduction, 393.— I. "Land ownership," 394.— II. Tenancy and mortgage indebtedness, 396.— III. Share croppers, 398; leases to relatives, 399.—IV. Farm laborers, 402.—V. The "agricultural ladder," 407.— VI. Analysis by decades, 411.— VII. Analysis by regions and groups, 413.—VIII. Growth 1930–35, 416.—IX. Descent of the "ladder," 417.— X. Character of our tenancy, 421.— XI. Conclusions, 423.

10 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202340
2022125
202128
202028
201956
201857