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http://hdl.handle.net/10419/54032
  

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dc.contributor.authorMarkussen, Thomasen_US
dc.contributor.authorTarp, Finnen_US
dc.date.accessioned2011-07-20en_US
dc.date.accessioned2011-12-15T13:16:32Z-
dc.date.available2011-12-15T13:16:32Z-
dc.date.issued2011en_US
dc.identifier.isbn978-92-9230-402-7en_US
dc.identifier.urihttp://hdl.handle.net/10419/54032-
dc.description.abstractThis paper uses household panel data from rural Vietnam to explore the effects of having a relative in a position of political or bureaucratic power on farmers' agricultural investment decisions. Our main result is that households significantly increase their investment in land improvement as a result of relatives moving into public office. Connections to office holders appear to be important for investment because they strengthen de facto land property rights and improve access to off-farm employment and to informal loans. The findings underline the importance of informal networks for economic behaviour in environments with developing institutions and markets. They also suggest the presence of an untapped potential for economic development: if households without connections could obtain equally strong property rights and access to credit and insurance as the well-connected households, investment levels would rise substantially.en_US
dc.language.isoengen_US
dc.publisherWIDER Helsinkien_US
dc.relation.ispartofseriesWorking paper // World Institute for Development Economics Research 2011,37en_US
dc.subject.jelD73en_US
dc.subject.jelH7en_US
dc.subject.jelO12en_US
dc.subject.jelQ15en_US
dc.subject.ddc330en_US
dc.subject.keywordpolitical connectionsen_US
dc.subject.keywordinformal networksen_US
dc.subject.keywordland property rightsen_US
dc.subject.keywordinvestmenten_US
dc.subject.keywordcrediten_US
dc.subject.keywordVietnamen_US
dc.titlePolitical connections and investment in rural Vietnamen_US
dc.typeWorking Paperen_US
dc.identifier.ppn664500048en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Working Papers, United Nations University (UNU)

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