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Land Ownership as Insurance and the Market for Land: A Study in Rural Vietnam

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  • Gwendoline Promsopha

Abstract

We propose simple empirical insights to analyze the relationship between the value of the safety net embedded in land and households’ decision to sell land. Land sales may differ from other kinds of land transactions such as rental, free loans, and gifts in terms of future capacities to safeguard livelihood. Households well insured through nonland riskcoping mechanisms are expected to make use of sales more frequently than others. We test this hypothesis with 2006 survey data from Vietnam and find that selling households are less vulnerable, better educated, and richer than those that use other transfer types.

Suggested Citation

  • Gwendoline Promsopha, 2015. "Land Ownership as Insurance and the Market for Land: A Study in Rural Vietnam," Land Economics, University of Wisconsin Press, vol. 91(3), pages 460-478.
    • Handle: RePEc:uwp:landec:v:91:y:2015:i:3:p:460-478
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    Citations

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    Cited by:

    1. Lijing Zhang & Mingyong Hong & Xiaolin Guo & Wenrong Qian, 2022. "How Does Land Rental Affect Agricultural Labor Productivity? An Empirical Study in Rural China," Land, MDPI, vol. 11(5), pages 1-19, April.
    2. Luciano Ayala-cantu & Bruno Morando, 2018. "Rental markets, gender, and land certificates: Evidence from Vietnam," WIDER Working Paper Series 96, World Institute for Development Economic Research (UNU-WIDER).
    3. Wen, Lanjiao & Chatalova, Lioudmila & Zhang, Anlu, 2022. "Can China's unified construction land market mitigate urban land shortage? Evidence from Deqing and Nanhai, Eastern coastal China," Land Use Policy, Elsevier, vol. 115(C).
    4. Conor Carney & Ryan Abman, 2018. "Land rights, agricultural productivity, and deforestation in Vietnam," WIDER Working Paper Series 88, World Institute for Development Economic Research (UNU-WIDER).
    5. Haizi Wang & Chaowei Li & Juan Liu & Shibin Zhang, 2019. "Research on Farmers’ Willingness of Land Transfer Behavior Based on Food Security," Sustainability, MDPI, vol. 11(8), pages 1-17, April.
    6. Ryan Abman & Conor Carney, 2018. "Land rights, agricultural productivity, and deforestation in Vietnam," WIDER Working Paper Series wp-2018-88, World Institute for Development Economic Research (UNU-WIDER).
    7. Ayala-Cantu, Luciano & Morando, Bruno, 2020. "Rental markets, gender, and land certificates: Evidence from Vietnam," Food Policy, Elsevier, vol. 94(C).
    8. Jia Chen & Jingwen Xu & Hongxiao Zhang, 2022. "Impact of Relationship Governance and Third-Party Intervention on Farmland Transfer Rents—Empirical Evidence from Rural China," Land, MDPI, vol. 11(5), pages 1-16, May.
    9. Jia Chen & Jingwen Xu & Hongxiao Zhang, 2022. "Explanation of the Phenomenon “Different Prices on the Same Land” in the Farmland Transfer Market—Evidence from China’s Farmland Transfer Market," Agriculture, MDPI, vol. 12(12), pages 1-13, December.
    10. Wei Wang & Xin Luo & Chongmei Zhang & Jiahao Song & Dingde Xu, 2021. "Can Land Transfer Alleviate the Poverty of the Elderly? Evidence from Rural China," IJERPH, MDPI, vol. 18(21), pages 1-15, October.
    11. Adamie, Birhanu Addisu, 2021. "Land property rights and household take-up of development programs: Evidence from land certification program in Ethiopia," World Development, Elsevier, vol. 147(C).
    12. Abman, Ryan & Carney, Conor, 2020. "Land rights, agricultural productivity, and deforestation," Food Policy, Elsevier, vol. 94(C).
    13. Maitreesh Ghatak & Dilip Mookherjee, 2023. "Acquiring Land from Traditional Communities: Bottlenecks, Misallocation and Second-Best Considerations," Oxford Open Economics, Oxford University Press, vol. 2, pages 1261-1282.
    14. Ali, Daniel Ayalew & Deininger, Klaus & Duponchel, Marguerite, 2017. "New Ways to Assess and Enhance Land Registry Sustainability: Evidence from Rwanda," World Development, Elsevier, vol. 99(C), pages 377-394.
    15. Yinrong Chen & Yanqing Qin & Qingying Zhu, 2023. "Study on the Impact of Social Capital on Agricultural Land Transfer Decision: Based on 1017 Questionnaires in Hubei Province," Land, MDPI, vol. 12(4), pages 1-22, April.
    16. Gwendoline Promsopha, 2017. "Are free land arrangement really free? An exploration into land arrangements made by rural-urban migrants in the Northeast of Thailand," Working Papers hal-01565843, HAL.

    More about this item

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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