Land markets have received a considerable amount of attention in economic literature. Since the treatment of the topic covers various approaches, areas, and questions, it seems desirable to attempt an overview of the results. This paper devises a way in which to present a complete picture of the land market by drawing together the various contributions. The first step is to establish a method by which a market in its entirety can be defined. It is suggested that the application of Oliver Williamson's "Four levels of social analysis" is an appropriate approach to be used in this endeavour.
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Library ResourceConference Papers & ReportsDecember, 2002
Library ResourceConference Papers & ReportsDecember, 2006
Land markets play a crucial role in agricultural structural change. Because the dynamics of structural change and land markets, respectively, mainly depend on the interactions between individual farms, agent-based modeling (ABM) has been established as a tool for understanding and explaining structural change and land market dynamics. This is particularly so because of ABM's ability to capture heterogeneity, non-convexity and dynamics. Unfortunately, the behavioral foundation of economic actors in ABM, i.e., of the farms, is often specified as ad hoc or simply based on "expert knowledge".
Library ResourceConference Papers & ReportsDecember, 2005Poland
Basing on a sample of Polish rural households present paper analyses how different households' and country-specific characteristics affect farmers' decision about renting additional parcel in. An attempt is made to see if local rental markets still have potential that could be further exploited. Obtained results indicate that despite facing various difficulties rental markets succeed in transferring land to farmers with higher skills and better relative inputs' endowments.
Library ResourceConference Papers & ReportsDecember, 2006Kenya, Ethiopia, Uganda, Eastern Africa
Land markets, including land sales and short-term land rentals, have an important role to play for efficient and sustainable land management and agricultural development, especially where markets for other factors of production are imperfect or missing. This study utilises data from the highlands of Ethiopia, Kenya and Uganda to examine the impact of land markets on various types of land investment and management practices, crop yield, and land quality.
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