2020
DOI: 10.1016/j.foodpol.2020.101839
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Tenurial security and agricultural investment: Evidence from Vietnam

Abstract: This study has been prepared within the UNU-WIDER project on 'Structural transformation and inclusive growth in Vietnam'.

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Cited by 16 publications
(6 citation statements)
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“…There are several good reasons: Land Policy: In Myanmar and Viet Nam, all land is owned by the government, and farmers therefore only have land use certificates that can be used as collateral. However, not all households have land use certificates for the land they use (Bellemare et al, 2020), making it impossible to use as collateral. ix Policy Confusion: Bank officials are often confused about regulations around collateral.…”
Section: Collateralmentioning
confidence: 99%
See 1 more Smart Citation
“…There are several good reasons: Land Policy: In Myanmar and Viet Nam, all land is owned by the government, and farmers therefore only have land use certificates that can be used as collateral. However, not all households have land use certificates for the land they use (Bellemare et al, 2020), making it impossible to use as collateral. ix Policy Confusion: Bank officials are often confused about regulations around collateral.…”
Section: Collateralmentioning
confidence: 99%
“…viii See Basu et al (2020). ix Bellemare et al (2020) xii References here include Jensen (2007) and Aker (2011).…”
Section: Endnotesmentioning
confidence: 99%
“…Most of the literature that explores the relationship between secured land tenure and property rights (LTPRs) and investments in the land dedicated to agricultural production finds a positive relationship between these variables (Bendiera, 2007;Goldstein & Udry, 2008;Holden, Deininger, & Ghebru, 2011;Bellamare et al, 2018). According to Besley (1995), secure land tenure and property rights provide incentives for long-term improvements and investments in the land, can be used as collateral to obtain credit financing and contribute to the development of more efficient land markets.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Lesson 1: Expanding lease terms, or the duration of usufruct contracts, represent an improvement in land tenure security since (at least in theory) land rights are legally protected against expropriation by the state (Holden et al, 2011;Joskow, 1987). The expansion of land tenure (and transfer) rights contributes to the creation and development of land markets and incentivises long-term investments, which tends to have a positive impact on agricultural efficiency and the realisation of economies of scale (Feder et al, 1988;Place & Otsuka, 2002;Do & Iyer, 2003;Bellamare et al, 2018). Similar to other transition economies, in the case of Cuba, the expansion of usufruct rights after 2008 has been associated with increases in the non-state sector's share of total agricultural output, reductions in idle land and gradual improvements in agricultural efficiency in output (Mesa-Lago et al, 2018;.…”
Section: Lessons From Cubamentioning
confidence: 99%
“…The 1986 Doi Moi reforms were followed by several land reforms transferring land use rights from collectives to individual households, and progressively increasing tenure security and duration, with significant impacts on investment, especially in irrigation (Bellemare et al, 2018;Markussen, 2017), and on productivity (Newman et al, 2015).…”
Section: Agriculture and Commercialization In Viet Nammentioning
confidence: 99%