Land Accumulation Dynamics in Developing Country Agriculture

Heath Henderson, Leonardo Corral, Eric Simning and Paul Winters ()

Journal of Development Studies, 2015, vol. 51, issue 6, 743-761

Abstract: Understanding land accumulation dynamics is relevant for policy-makers interested in the economic effects of land inequality in developing country agriculture. We thus explore and simultaneously test the leading theories of micro-level land accumulation dynamics using unique panel data from Paraguay. The results suggest that farm growth varies systematically with farm size - a formal rejection of stochastic growth theories (that is, Gibrat's Law) - and that titled land area may have considerable influence on land accumulation. Furthermore, our estimates indicate that a dualistic agrarian structure is the likely product of the unfettered operation of land markets.

Date: 2015
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Working Paper: Land Accumulation Dynamics in Developing Country Agriculture (2014)
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DOI: 10.1080/00220388.2014.989993

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