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  1. Library Resource
    Conference Papers & Reports
    December, 2007

    We make use of data from the 2005 Albania Living Standard Measurement Survey to investigate the factorsaffecting household agriculture efficiency and land market development. To assess the functioning of land rentalmarkets and explore efficiency- and equity impacts of land rental, we use a model of producers who differ inendowments and skills and who face imperfect labor markets and transaction costs. The empirical evidence, of astochastic frontier estimate, shows that productivity is low and most farms are inefficiently utilized.

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