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Access to Land, Rural Poverty, and Public Action$
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Alain de Janvry, Gustavo Gordillo, Elisabeth Sadoulet, and Jean-Philippe Platteau

Print publication date: 2001

Print ISBN-13: 9780199242177

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199242177.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 12 June 2021

Access to Land via Land Rental Markets

Access to Land via Land Rental Markets

Chapter:
(p.196) 8 Access to Land via Land Rental Markets
Source:
Access to Land, Rural Poverty, and Public Action
Author(s):

Elisabetii Sadoulet

Rinku Murgai

Alian De Janvry

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199242177.003.0008

An optimal operational farm size exists that may or may not be in compliance with the current household land endowments when economies of scale are present in production or in imperfect markets that concern the determinants of production. As such, land transfers between less productive to more productive households may be necessary since these may bring about improvements in efficiency. Although land rental markers and land sales both enable such transfers, it is important to note that the rental market is particularly important and more effective for the poor since tenancy plays no small part in any country's agriculture. This chapter looks into how rental contracts compensate for certain market failures that may be experienced by tenants, and that land rental markets also have various effects on welfare.

Keywords:   operational farm size, economies of scale, production, imperfect markets, determinants of production, agriculture, market failures, land rental markets, rental contract, welfare

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