Publication:
The Globalization of Farmland: Theory and Empirical Evidence

dc.contributor.authorArezki, Rabah
dc.contributor.authorBogmans, Christian
dc.contributor.authorSelod, Harris
dc.date.accessioned2018-06-18T20:07:57Z
dc.date.available2018-06-18T20:07:57Z
dc.date.issued2018-05
dc.description.abstractThis paper is the first to provide both theoretical and empirical evidence of farmland globalization whereby international investors directly acquire large tracts of agricultural land in other countries. A theoretical framework explains the geography of farmland acquisitions as a function of cross-country differences in technology, endowments, trade costs, and land governance. An empirical test of the model using global data on transnational deals shows that international farmland investments are on the aggregate likely motivated by re-exports to investor countries rather than to world markets. This contrasts with traditional foreign direct investment patterns where horizontal as opposed to vertical foreign direct investment dominates.en
dc.identifierhttp://documents.worldbank.org/curated/en/973431527621030331/The-globalization-of-farmland-theory-and-empirical-evidence
dc.identifier.doi10.1596/1813-9450-8456
dc.identifier.urihttps://hdl.handle.net/10986/29885
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8456
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectLAND ACQUISITION
dc.subjectFOOD SECURITY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectLAND GOVERNANCE
dc.subjectFARMLAND
dc.titleThe Globalization of Farmlanden
dc.title.subtitleTheory and Empirical Evidenceen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleThe Globalization of Farmland: Theory and Empirical Evidence
okr.date.disclosure2018-05-29
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/973431527621030331/The-globalization-of-farmland-theory-and-empirical-evidence
okr.guid973431527621030331
okr.identifier.doi10.1596/1813-9450-8456
okr.identifier.externaldocumentum090224b085b2e168_1_0
okr.identifier.internaldocumentum29935035
okr.identifier.reportWPS8456
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/973431527621030331/pdf/WPS8456.pdfen
okr.statistics.combined1409
okr.statistics.dr973431527621030331
okr.statistics.drstats969
okr.topicCommunities and Human Settlements::Land Use and Policies
okr.topicAgriculture::Food Markets
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicInternational Economics and Trade::Trade and Agriculture
okr.unitWorld Bank Middle East and North Africa Region; the Development Research Group; and the International Monetary Fund
relation.isAuthorOfPublicationb820a7e2-dfb8-5b00-911b-d8822f6724cc
relation.isAuthorOfPublication.latestForDiscoveryb820a7e2-dfb8-5b00-911b-d8822f6724cc
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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