Assessing the Functioning of Land Rental Markets in Ethiopia

Deininger, Klaus ; Ali, Daniel Ayalew ; Alemu, Tekie

World Bank, Washington, DC

关键词: AGENTS;    AGRICULTURAL ECONOMICS;    AGRICULTURAL LAND;    AGRICULTURE;    ALLOCATION OF LAND;   

DOI  :  10.1596/1813-9450-4442
RP-ID  :  WPS4442

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Although a large theoretical literaturediscusses the possible inefficiency of sharecroppingcontracts, the empirical evidence on this phenomenon hasbeen ambiguous at best. Household-level fixed-effectestimates from about 8,500 plots operated by households thatown and sharecrop land in the Ethiopian highlands providesupport for the hypothesis of Marshallian inefficiency. Atthe same time, a factor adjustment model suggests that theextent to which rental markets allow households to attaintheir desired operational holding size is extremely limited.Our analysis points towards factor market imperfections (norental for oxen), lack of alternative employmentopportunities, and tenure insecurity as possible reasonsunderlying such behavior, suggesting that, rather thanworrying almost exclusively about Marshallian inefficiency,it is equally warranted to give due attention to the policyframework within which land rental markets operate.