Breaking up the Collective Farm : Welfare Outcomes of Vietnam's Massive Land Privatization
The decollectivization of agriculture in
Vietnam was a crucial step in the country's transition
to a market economy. But the assignment of land use rights
had to be decentralized, and local cadres ostensibly had the
power to corrupt this process. The authors assess the
realized land allocation against explicit counterfactuals,
including the simulated allocation implied by a competitive
market-based privatization. The authors find that 95-99