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Autor:innen: 
Erscheinungsjahr: 
2007
Schriftenreihe/Nr.: 
EERI Research Paper Series No. 01/2007
Verlag: 
Economics and Econometrics Research Institute (EERI), Brussels
Zusammenfassung: 
This paper uses a model with transaction costs and imperfect competition in the land market to analyze the efficiency and welfare effects of land reforms. We show that removing only one imperfection may have very different efficiency and welfare effects than would otherwise result from reforms that reduce both imperfections. In extreme cases, partial reforms can actually lead to welfare losses. The welfare effects are affected by the size of transaction costs, relative farm productivity and farm land demand elasticities. Partial reforms also have important income distribution effects.
Schlagwörter: 
Land market
transaction costs
imperfect competition
land reform
welfare effects
JEL: 
D33
D61
L12
P23
Q12
Q15
Dokumentart: 
Working Paper

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