Socioeconomic Effects of Land Use Change for Industrialization: Evidence-Informed Learnings from Sri City India

Aradhna Aggarwal () and Ankita Garg
Additional contact information
Aradhna Aggarwal: Department of International Economics, Government and Business, Copenhagen Business School, Solbjerg Pl. 3, 2000 Frederiksberg, Denmark
Ankita Garg: Centre for Social and Economic Progress, Chanakyapuri, New Delhi 110021, India

Businesses, 2024, vol. 4, issue 3, 1-16

Abstract: This study examines the socioeconomic impacts of large-scale land conversion from agriculture to industry on affected households, focusing on Sri City, an industrial hub in South India established under the SEZ Act 2005. Data from 250 households in and around Sri City were collected on socioeconomic indicators aligned with the Sustainable Development Goals using a structured survey method. Quasi-experimental methods, specifically nearest neighbor matching based on the Mahalanobis distance model, were employed for analysis. The findings indicate that affected households experience benefits, but these are not unequivocal. The study underscores the importance of project-specific factors, land acquisition strategies, and approaches to business leadership in shaping the socially sustainable outcomes of land conversion, from agriculture to industry.

Keywords: land relocation; Sri City; India; industrial development; GVCs; land lost farmers; socioeconomic sustainability; quasi experimental designs (search for similar items in EconPapers)
JEL-codes: A1 D0 D4 D6 D7 D8 D9 E0 E2 E3 E4 E5 E6 E7 F0 F2 F3 F4 F5 F6 G0 G1 G2 H0 J0 K2 L0 L1 L2 M0 M1 M2 M3 M4 M5 N0 N1 N2 O0 O1 P0 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2673-7116/4/3/19/pdf (application/pdf)
https://www.mdpi.com/2673-7116/4/3/19/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jbusin:v:4:y:2024:i:3:p:19-314:d:1445387

Access Statistics for this article

Businesses is currently edited by Dr. Patrick Han

More articles in Businesses from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().