Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/319533 
Year of Publication: 
2025
Citation: 
[Journal:] Comparative Economic Studies [ISSN:] 1478-3320 [Volume:] 67 [Issue:] 2 [Publisher:] Palgrave Macmillan [Place:] Basingstoke [Year:] 2025 [Pages:] 396-425
Publisher: 
Palgrave Macmillan, Basingstoke
Abstract: 
We examined whether perceived land rights—use, management, transfer, and tenure security—are associated with investment in movable farm assets. Using micro-level data from crop-specialized farmers in Kazakhstan and Uzbekistan, we distinguish investment incentives linked to tenure security, transferability, and decision-making autonomy (use and management rights). Comparing market-oriented versus government-controlled contexts provides insights into differential role of land rights on investment behavior. Our findings underscore significant investment incentives linked to use and management rights rather than tenure security or transferability. Moreover, we reveal how country-specific institutional contexts influence the effectiveness of these land rights in stimulating agricultural investments.
Subjects: 
property rights
tenure security
investment
movable farm assets
transition economy
Central Asia
JEL: 
P14
P26
Q12
Q15
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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