Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/95893 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
MAGKS Joint Discussion Paper Series in Economics No. 15-2014
Verlag: 
Philipps-University Marburg, Faculty of Business Administration and Economics, Marburg
Zusammenfassung: 
Large-scale land acquisition has increased dramatically in recent years. The question whether land deals can benefit both the local population and the investor is therefore high on the international agenda. Contract farming is discussed as a possible solution but studies identifying the causal effects are rare. Using data from a quasi-natural experiment in contract allocation, we compare the subjective well-being of outgrowers and independent farmers in the sphere of the biggest palm oil producer in Ghana. We identify a positive causal effect of the outgrower scheme which increases subjective well-being by 1.5 points on a scale of 0 to 10. We find a substitutive relationship between having an outgrower contract and having property rights, and thus we argue that by increasing security a contract increases well-being, as secure rights to land matter substantially for the overall life satisfaction of non-contract but not of contract farmers.
Schlagwörter: 
contract farming
property rights
quasi-natural experiment
subjective well-being
large-scale land acquisition
JEL: 
D60
I31
Q13
Dokumentart: 
Working Paper

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