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Land Rights and Economic Development : Evidence from Vietnam

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Date
2003-08
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2003-08
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The authors examine the impact of land reform in Vietnam which gives households the power to exchange, transfer, lease, inherit, and mortgage their land-use rights. The authors expect this change to increase the incentives as well as the ability to undertake long-term investments on the part of households. Their difference-in-differences estimation strategy takes advantage of the variation across provinces in the issuance of land-use certificates needed to enforce these rights. The results indicate that the additional land rights led to significant increases in the share of total area devoted to multi-year crops, as well as some increase in irrigation investment. These effects are stronger in areas that felt the impact of the land reform earlier.
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Do, Quy-Toan; Iyer, Lakshmi. 2003. Land Rights and Economic Development : Evidence from Vietnam. Policy Research Working Paper;No. 3120. © http://hdl.handle.net/10986/18116 License: CC BY 3.0 IGO.
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