Land Allocation in Vietnam's Agrarian Transition
While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched inter...
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Online Access: | http://documents.worldbank.org/curated/en/2003/01/2120328/land-allocation-vietnams-agrarian-transition http://hdl.handle.net/10986/19165 |
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okr-10986-191652021-04-23T14:03:41Z Land Allocation in Vietnam's Agrarian Transition Ravallion, Martin van de Walle, Dominique LAND ALLOTMENT MARKET LIBERALIZATION INFORMATION DISSEMINATION TRANSACTION COSTS LAND MARKETS LAND USE LAND RIGHTS LAND ADMINISTRATION ADMINISTRATIVE POLICY ADMINISTRATIVE EFFICIENCIES AGRICULTURAL LAND AGRICULTURAL LAND-USE AGRICULTURAL OUTPUT AGRICULTURE ALLOCATION OF LAND COMMUNITIES CONSTRUCTION CONSUMPTION EXPENDITURES CROPS CULTIVATED LAND DECISION MAKING ECONOMICS EQUILIBRIUM FARMERS FOREST GENDER HOUSING INCOME INCOME INEQUALITY INCOMES INSURANCE IRRIGATED LAND LABOR FORCE LAND ALLOCATION LAND APPROPRIATION LAND HOLDINGS LAND LAW LAND MARKET LAND OWNERSHIP LAND TITLES LAND TRANSACTIONS LAND USE LAND- USE LAND-USE LANDLESSNESS LOCAL AUTHORITIES MARKET FACTORS POLITICAL ECONOMY PRIVATE LAND PUBLIC SERVICES RESIDENTIAL LAND RURAL AREAS RURAL ECONOMY TERMS OF TRADE TRANSACTION COSTS UNIVERSITIES USE VALUE VILLAGES ADMINISTRATIVE EFFICIENCIES AGRICULTURAL LAND While liberalizing key factor markets is a crucial step in the transition from a socialist control-economy to a market economy, the process can be stalled by imperfect information, high transaction costs, and covert resistance from entrenched interests. The authors study land-market adjustment in the wake of Vietnam's reforms aiming to establish a free market in land-use rights following de-collectivization. Inefficiencies in the initial administrative allocation are measured against an explicit counterfactual market solution. The authors' tests using a farm-household panel data set spanning the reforms suggest that land allocation responded positively but slowly to the inefficiencies of the administrative allocation. They find no sign that the transition favored the land rich or that it was thwarted by the continuing power over land held by local officials. 2014-07-31T22:31:44Z 2014-07-31T22:31:44Z 2003-01 http://documents.worldbank.org/curated/en/2003/01/2120328/land-allocation-vietnams-agrarian-transition http://hdl.handle.net/10986/19165 English en_US Policy Research Working Paper;No. 2951 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Vietnam |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
LAND ALLOTMENT MARKET LIBERALIZATION INFORMATION DISSEMINATION TRANSACTION COSTS LAND MARKETS LAND USE LAND RIGHTS LAND ADMINISTRATION ADMINISTRATIVE POLICY ADMINISTRATIVE EFFICIENCIES AGRICULTURAL LAND AGRICULTURAL LAND-USE AGRICULTURAL OUTPUT AGRICULTURE ALLOCATION OF LAND COMMUNITIES CONSTRUCTION CONSUMPTION EXPENDITURES CROPS CULTIVATED LAND DECISION MAKING ECONOMICS EQUILIBRIUM FARMERS FOREST GENDER HOUSING INCOME INCOME INEQUALITY INCOMES INSURANCE IRRIGATED LAND LABOR FORCE LAND ALLOCATION LAND APPROPRIATION LAND HOLDINGS LAND LAW LAND MARKET LAND OWNERSHIP LAND TITLES LAND TRANSACTIONS LAND USE LAND- USE LAND-USE LANDLESSNESS LOCAL AUTHORITIES MARKET FACTORS POLITICAL ECONOMY PRIVATE LAND PUBLIC SERVICES RESIDENTIAL LAND RURAL AREAS RURAL ECONOMY TERMS OF TRADE TRANSACTION COSTS UNIVERSITIES USE VALUE VILLAGES ADMINISTRATIVE EFFICIENCIES AGRICULTURAL LAND |
spellingShingle |
LAND ALLOTMENT MARKET LIBERALIZATION INFORMATION DISSEMINATION TRANSACTION COSTS LAND MARKETS LAND USE LAND RIGHTS LAND ADMINISTRATION ADMINISTRATIVE POLICY ADMINISTRATIVE EFFICIENCIES AGRICULTURAL LAND AGRICULTURAL LAND-USE AGRICULTURAL OUTPUT AGRICULTURE ALLOCATION OF LAND COMMUNITIES CONSTRUCTION CONSUMPTION EXPENDITURES CROPS CULTIVATED LAND DECISION MAKING ECONOMICS EQUILIBRIUM FARMERS FOREST GENDER HOUSING INCOME INCOME INEQUALITY INCOMES INSURANCE IRRIGATED LAND LABOR FORCE LAND ALLOCATION LAND APPROPRIATION LAND HOLDINGS LAND LAW LAND MARKET LAND OWNERSHIP LAND TITLES LAND TRANSACTIONS LAND USE LAND- USE LAND-USE LANDLESSNESS LOCAL AUTHORITIES MARKET FACTORS POLITICAL ECONOMY PRIVATE LAND PUBLIC SERVICES RESIDENTIAL LAND RURAL AREAS RURAL ECONOMY TERMS OF TRADE TRANSACTION COSTS UNIVERSITIES USE VALUE VILLAGES ADMINISTRATIVE EFFICIENCIES AGRICULTURAL LAND Ravallion, Martin van de Walle, Dominique Land Allocation in Vietnam's Agrarian Transition |
geographic_facet |
East Asia and Pacific Vietnam |
relation |
Policy Research Working Paper;No. 2951 |
description |
While liberalizing key factor markets is
a crucial step in the transition from a socialist
control-economy to a market economy, the process can be
stalled by imperfect information, high transaction costs,
and covert resistance from entrenched interests. The authors
study land-market adjustment in the wake of Vietnam's
reforms aiming to establish a free market in land-use rights
following de-collectivization. Inefficiencies in the initial
administrative allocation are measured against an explicit
counterfactual market solution. The authors' tests
using a farm-household panel data set spanning the reforms
suggest that land allocation responded positively but slowly
to the inefficiencies of the administrative allocation. They
find no sign that the transition favored the land rich or
that it was thwarted by the continuing power over land held
by local officials. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Ravallion, Martin van de Walle, Dominique |
author_facet |
Ravallion, Martin van de Walle, Dominique |
author_sort |
Ravallion, Martin |
title |
Land Allocation in Vietnam's Agrarian Transition |
title_short |
Land Allocation in Vietnam's Agrarian Transition |
title_full |
Land Allocation in Vietnam's Agrarian Transition |
title_fullStr |
Land Allocation in Vietnam's Agrarian Transition |
title_full_unstemmed |
Land Allocation in Vietnam's Agrarian Transition |
title_sort |
land allocation in vietnam's agrarian transition |
publisher |
World Bank, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2003/01/2120328/land-allocation-vietnams-agrarian-transition http://hdl.handle.net/10986/19165 |
_version_ |
1764439226524368896 |