What Drives the Global "Land Rush"?

Rabah Arezki, Klaus Deininger and Harris Selod ()

No 120, OxCarre Working Papers from Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford

Abstract: We review evidence regarding the size and evolution of the "land rush" in the wake of the 2007-2008 boom in agricultural commodity prices and study determinants of foreign land acquisition for large-scale agricultural investment. Using data on bilateral investment relationships to estimate gravity models of transnational land-intensive investments confirms the central role of agro-ecological potential as a pull factor but contrasts with standard literature insofar as quality of the destination country’s business climate is insignificant and weak tenure security is associated with increased interest for investors to acquire land in that country. Policy implications are discussed.

Keywords: Land Acquisition; Large-Scale Agriculture; Foreign Investments; Agro-Ecological Potential; Land Availability; Land Governance; Property Rights (search for similar items in EconPapers)
JEL-codes: F21 O13 Q15 Q34 (search for similar items in EconPapers)
Date: 2013-08-20
New Economics Papers: this item is included in nep-agr and nep-int
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Citations: View citations in EconPapers (17)

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Related works:
Journal Article: What Drives the Global "Land Rush"? (2015)
Working Paper: What Drives the Global “Land Rush”? (2015)
Working Paper: What Drives the Global “Land Rush”? (2015)
Working Paper: What Drives the Global Land Rush? (2011)
Working Paper: What Drives the Global Land Rush? (2011)
Working Paper: What Drives the Global Land Rush? (2011)
Working Paper: What Drives the Global Land Rush? (2011)
Working Paper: What drives the global"land rush"? (2011)
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