Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115471
Authors: 
Henderson, Heath
Corral, Leonardo
Simning, Eric
Winters, Paul
Year of Publication: 
2014
Series/Report no.: 
IDB Working Paper Series IDB-WP-519
Abstract: 
Understanding land accumulation dynamics is relevant for policy makers interested in the economic effects of land inequality in developing country agriculture. We thus explore and simultaneously test the leading theories of microlevel land accumulation dynamics using unique panel data from Paraguay. The results suggest that farm growth varies systematically with farm size --a formal rejection of stochasticgrowth theories (that is, Gibrat's Law)-- and that titled land area may have considerable infuence on land accumulation. Furthermore, our estimates indicate that a dualistic agrarian structure is the likely product of the unfettered operation of land markets.
Subjects: 
Dynamic panel models
land accumulation
land inequality
Paraguay
JEL: 
C23
O13
O54
Q15
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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