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

Land Ownership as Insurance and the Market for Land: A Study in Rural Vietnam <p>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.</p> http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Land Economics University of Wisconsin Press

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

Land Economics , Volume 91 (3) – Jul 13, 2015

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Publisher
University of Wisconsin Press
Copyright
Copyright by the Board of Regents of the University of Wisconsin System.
ISSN
1543-8325

Abstract

<p>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.</p>

Journal

Land EconomicsUniversity of Wisconsin Press

Published: Jul 13, 2015

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