This paper uses farm panel data from
China to examine the dynamics of land transactions, machine
investments, and the demand for machine services. Recently,
China's agriculture has experienced a large expansion
of machine rentals and machine services provided by
specialized agents, which has contributed to mechanization
of agricultural production. The empirical results show that
an increase in nonagricultural wage rates leads to expansion
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Library ResourceJanuary, 2015
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Library ResourceApril, 2014Vietnam
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 -
Library ResourceReports & ResearchMay, 2012Vietnam
The policy reforms called for in the
transition from a socialist command economy to a developing
market economy bring both opportunities and risks to a
country's citizens. In poor economies, the initial
focus of reform efforts is naturally the rural sector, which
is where one finds the bulk of the population and almost all
the poor. Economic development will typically entail moving
many rural households out of farming into more remunerative
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