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Land Rental and Sales Markets in Paraguay

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  • Thomas Masterson

Abstract

This paper examines the claim that the land rental market can be an effective means of redistributing access to, if not ownership of, land to the rural poor, using Paraguay as our model. The land sales market is also examined. The land rental market in Paraguay's rural areas is found to be very thin, due at least in part to a lack of available credit for inputs. Renting-in substantial amounts of land is found to contribute significantly to household per-capita income.

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  • Thomas Masterson, 2007. "Land Rental and Sales Markets in Paraguay," Economics Working Paper Archive wp_491, Levy Economics Institute.
    • Handle: RePEc:lev:wrkpap:wp_491
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    1. Michael R. Carter & Eduardo Zegarra, 2000. "Land Markets and the Persistence of Rural Poverty: Post-Liberalization Policy Options," Palgrave Macmillan Books, in: Ramón López & Alberto Valdés (ed.), Rural Poverty in Latin America, chapter 4, pages 65-85, Palgrave Macmillan.
    2. Deininger, Klaus & Binswanger, Hans, 1999. "The Evolution of the World Bank's Land Policy: Principles, Experience, and Future Challenges," The World Bank Research Observer, World Bank, vol. 14(2), pages 247-276, August.
    3. Klaus Deininger, 2003. "Land Policies for Growth and Poverty Reduction," World Bank Publications - Books, The World Bank Group, number 15125.
    4. Muñoz, Jorge A., 1999. "Los mercados de tierras rurales en Bolivia," Desarrollo Productivo 4658, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Weisskoff, Richard, 1992. "The Paraguayan agro-export model of development," World Development, Elsevier, vol. 20(10), pages 1531-1540, October.
    6. Deininger, Klaus & Zegarra, Eduardo & Lavadenz, Isabel, 2003. "Determinants and Impacts of Rural Land Market Activity: Evidence from Nicaragua," World Development, Elsevier, vol. 31(8), pages 1385-1404, August.
    7. Binswanger, Hans P. & Deininger, Klaus & Feder, Gershon, 1995. "Power, distortions, revolt and reform in agricultural land relations," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 42, pages 2659-2772, Elsevier.
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    Cited by:

    1. Ting Zhang & Ke Huang & Anlu Zhang, 2021. "Choice of Rural Collective Construction Land Sales and Rental Markets at the Theoretical Framework of Williamson’s Transaction Costs: Evidence from Nanhai District, Guangdong Province, China," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
    2. Mbudzya, Joseph Jabu, 2017. "Effect Of Agricultural Land Rental Market Participation On Agricultural Income Of Small Scale Farmers In Kwale County, Kenya," Research Theses 276436, Collaborative Masters Program in Agricultural and Applied Economics.
    3. Jin, Songqing & Deininger, Klaus, 2009. "Land rental markets in the process of rural structural transformation: Productivity and equity impacts from China," Journal of Comparative Economics, Elsevier, vol. 37(4), pages 629-646, December.
    4. Shaikh M. S. U. Eskander & Edward B. Barbier, 2023. "Adaptation to Natural Disasters through the Agricultural Land Rental Market: Evidence from Bangladesh," Land Economics, University of Wisconsin Press, vol. 99(1), pages 141-160.
    5. Simbarashe Tatsvarei & Abbyssinia Mushunje & Saul Ngarava & Clifton Makate, 2018. "Determinants of Informal Land Renting Decisions by A1 and A2 Farmers in Mashonaland East Province of Zimbabwe," Journal of Economics and Behavioral Studies, AMH International, vol. 10(6), pages 70-78.
    6. Mbudyza, J. J & Ayuya, O. I & Mshenga, P. M, 2017. "Drivers of small scale farmers participation in agricultural land rental markets in Kenya," African Journal of Rural Development (AFJRD), AFrican Journal of Rural Development (AFJRD), vol. 2(4), December.
    7. Deininger, Klaus & Jin, Songqing, 2007. "Land rental markets in the process of rural structural transformation : productivity and equity impacts in China," Policy Research Working Paper Series 4454, The World Bank.
    8. Hengzhou Xu & Yihang Zhao & Ronghui Tan & Hongchun Yin, 2017. "Does the Policy of Rural Land Rights Confirmation Promote the Transfer of Farmland in China?," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 67(4), pages 643-672, December.

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