연구정보
[농업경제] Misallocation in Indian Agriculture
인도 국외연구자료 연구보고서 - NBER 발간일 : 2021-10-13 등록일 : 2021-10-31 원문링크
We exploit substantial variation in land-market institutions across Indian states and detailed micro household-level panel data to assess the effect of distortions in land rental markets on agricultural productivity. We provide empirical evidence that states with more rental-market activity feature less misallocation and reallocate land more efficiently over time. We develop a model of heterogeneous farms and land rentals to estimate land-market distortions in each state. Land rentals have substantial positive effects on agricultural productivity: an efficient reallocation of land increases agricultural productivity by 38 percent on average and by more than 50 percent in states with highly distorted rental markets. Both farm and state-level land market distortions are quantitatively important, with state-level wedges accounting for a significant fraction of rental market participation differences across states. Land market distortions contribute about one-third to the large differences in agricultural total factor productivity across Indian states.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | 이전글이 존재하지 않습니다. | |
|---|---|---|
| 다음글 | [경제] The Development and Social Impacts of Pakistan’s New Khanki Barrage: A Proj... | 2021-11-17 |
