Inversión extranjera y compra masiva de tierras

Foreign investment and massive land purchase

Carlos Eduardo Vargas

MPRA Paper from University Library of Munich, Germany

Abstract: Recent trends in foreign investment and massive purchase of land in the world indicate that developing countries concentrate the largest proportion of hoarding. Although some advanced countries acquire land, it is not clear that they become major investors. The article highlights the existence of three types of hoarding: direct purchase, lease and concession and, from these, a conceptual framework associated with game theory to understand the incentives of investors to land hoarding is presented. The proposed framework is useful to review the Colombian experience. Las tendencias recientes de la inversión extranjera y compra masiva de tierras en el mundo indican que los países en desarrollo concentran la mayor proporción del acaparamiento. A pesar de que algunos países más avanzados adquieren tierras, no es evidente que se constituyan en los mayores inversionistas. El artículo subraya la existencia de tres modalidades de acaparamiento: adquisición directa, arrendamiento y concesión, y a partir de estos se presenta un marco conceptual, que se asocia con la teoría de juegos, para entender los incentivos de los inversionistas para acaparar tierras. El marco teórico propuesto es útil para revisar la experiencia colombiana.

Keywords: hoarding; land; foreign investment; agriculture; game theory (search for similar items in EconPapers)
JEL-codes: F00 F10 G00 O13 (search for similar items in EconPapers)
Date: 2014-12-11
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Published in Revista Administración y Desarrollo ISSN: 0120-3754.60(2015): pp. 8-25

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