Land allocation in Vietnam ' s agrarian transition

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Land allocation in Vietnam's agrarian transition, Volume 1

Author:	Ravallion, Martin; Van der Walle, Dominique;	Collection Title:	Policy, Research working paper series ; no. WPS 2951
Country:	Vietnam;	Date Stored:	2003/02/07
Document Date:	2003/01/31	Document Type:	Policy Research Working Paper
Language:	English	Region:	East Asia and Pacific
Report Number:	WPS2951	Sub Sectors:	General public administration sector
SubTopics:	Climate Change and Environment; Environmental Economics & Policies; Water Conservation; Land Use and Policies; Forestry; Agricultural Knowledge and Information Systems; Urban Housing; Rural Land Policies for Poverty Reduction	Volume No:	1

Summary: 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.


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	PDF 25 pages	WPS2951	0.15

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