Person:
Gautam, Madhur

Global Practice on Agriculture
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Agriculture, Rural development
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Global Practice on Agriculture
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Last updated: January 31, 2023
Biography
Madhur Gautam is a Lead Economist with the Agriculture Global Practice at the World Bank. He has a Ph.D. in Agricultural Economics from the University of Maryland. His experience at the World Bank over the past 25 years spans Development Economics (Research), the Agricultural Policies Unit, the Independent Evaluation Group, and Operations. He has focused mainly on agricultural and food policy analysis and strategy, and has wide experience in economic and policy analysis and dialogue in Africa and South Asia.

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2010 - 201912000 - 20091
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Country: Ethiopia ×

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Now showing 1 - 2 of 2
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    Property Rights in a Very Poor Country : Tenure Insecurity and Investment in Ethiopia
    (World Bank, Washington, DC, 2007-09) Dercon, Stefan; Ali, Daniel Ayalew; Gautam, Madhur
    This paper provides evidence from one of the poorest countries of the world that the property rights matter for efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made legal, but transfer rights remain restricted and the perception of continuing tenure insecurity remains quite strong. Using a unique panel data set, this study investigates whether transfer rights and tenure insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates suggest that limited perceived transfer rights, and the threat of expropriation, negatively affect long-term investment in Ethiopian agriculture, contributing to the low returns from land and perpetuating low growth and poverty.
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    Publication
    Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
    (2011) Ali, Daniel Ayalew; Gautam, Madhur
    This article provides evidence from one of the poorest countries in the world that the institutions of property rights matter for efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made legal, but transfer rights remain restricted and the perception of continuing tenure insecurity remains quite strong. Using a unique panel data set, this study investigates whether transfer rights and implied tenure insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates suggest that limited perceived transfer rights negatively affects the long-term investment in Ethiopian agriculture, contributing to the low returns from land and perpetuating low growth and poverty.