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dc.contributor.authorHoang, Trieu Huyen
dc.contributor.authorLyne, Michaelen
dc.contributor.authorRatna, Nazmun N.en
dc.contributor.authorNuthall, Peter L.en
dc.date.accessioned2014-09-04T22:24:17Z
dc.date.issued2013en
dc.identifier.urihttps://hdl.handle.net/10182/6343
dc.description.abstractThis research investigates the efficiency and equity impacts of the cropland rental market in rural Vietnam and attempts to identify the determinants and importance of transaction costs impeding this market. A generalised ordered logit model with shifting thresholds accounting for effects of transaction costs associated with market participation was specified and estimated using pooled data extracted from the Vietnam Household Living Standards Surveys of 2004 and 2008. The findings show that the cropland rental market reduced imbalances in factor endowments, transferring cropland to those households more willing and able to farm. Equity advantages were also revealed as cropland transferred from relatively land-rich to relatively land-poor households, allowing young farmers to ‘scale the agricultural ladder’. However, the market is constrained by transaction costs that effect lessors and lessees differently. It is recommended that the Vietnamese government should complete its land registration programme and consider relaxing restrictions on the use of wetlands to grow crops other than rice. It should also focus on improving access to all-weather roads as this encourages participation on both sides of the rental market whereas better access to communications infrastructure was found to promote only the supply side.en
dc.format.extent1-16en
dc.language.isoenen
dc.relationThe original publication is available from - http://purl.umn.edu/160264en
dc.relation.urihttp://hdl.handle.net/10182/6343en
dc.rightsCopyright by author(s). Readers may make copies of this document for non-commercial purposes only, provided that this copyright notice appears on all such copies.en
dc.source2013 Annual Conference of the NZ Agricultural and Resource Economics Society (NZARES)en
dc.subjectVietnamen
dc.subjectrental marketen
dc.subject2003 land lawen
dc.subjecttransaction costsen
dc.titleEfficiency and equity impacts of the rental market for cropland in Vietnam and sources of transaction costs impeding the marketen
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Agribusiness and Marketsen
lu.contributor.unitDepartment of Global Value Chains and Tradeen
lu.contributor.unitDepartment of Land Management and Systemsen
lu.contributor.uniten
lu.contributor.uniten
pubs.finish-date2013-08-30en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/AGMK
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/GVCT
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/LAMS
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/2018 PBRF Staff group
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://purl.umn.edu/160264en
pubs.start-date2013-08-28en
lu.identifier.orcid0000-0002-1964-8937
lu.identifier.orcid0000-0002-7565-2834
lu.identifier.orcid0000-0002-4530-1195
lu.subtypeConference Paperen


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