文章基本信息

标题：The effects of land sales restrictions: evidence from south India
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作者：Pender, John L. ; Kerr, John M.
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1999
出版社：Food Distribution Research Society
摘要：The effects of land sales restrictions on credit use, land investment and cultivation decisions are investigated using data from two villages in south India. Sales restrictions are found to have little effect on credit supply and demand or demand for land improvements. Some household characteristics are found to affect investment demand on plots subject to sales restrictions in one village, suggesting that the 'transactions effect' of such restrictions may be inhibiting allocative efficiency. However, we also find that household characteristics influence investment on titled plots, and that the magnitude of impact of such characteristics is greater on titled plots. These results imply that sales restrictions are not a major source of inefficiency in the villages studied, and suggest that the nature of village credit and land markets and enforcement of sales restrictions are critical determinants of the impacts of such restrictions. ©1999 Elsevier Science B.V. All rights reserved.
关键词：Land sales restrictions;Transactions effects and investments;Land titling programs;South India