Foreign Land Acquisitions and Institutional Distance

Valentina Raimondi and Margherita Scoppola

Land Economics, 2018, vol. 94, issue 4, 517-540

Abstract: This paper investigates whether and how the distance in institutional quality between investing and target country affects the pattern of foreign land acquisitions. We estimate a panel gravity-like equation to assess the impact of the institutional distance on the amount of land acquired and the number of contracts signed. Our results show that the institutional distance significantly affects both the number of contracts and the amount of land, but that the direction of these effects varies according to the geographical region and the relative strength of institutions in the target countries, with Africa following a pattern of its own.

JEL-codes: Q15 (search for similar items in EconPapers)
Date: 2018
Note: DOI: 10.3368/le.94.4.517
References: Add references at CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://le.uwpress.org/cgi/reprint/94/4/517
A subscription is required to access pdf files. Pay per article is available.

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:uwp:landec:v:94:y:2018:i:4:p:517-540

Access Statistics for this article

More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().