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来源类型Working Paper
规范类型报告
DOI10.3386/w29363
来源IDWorking Paper 29363
Misallocation in Indian Agriculture
Marijn A. Bolhuis; Swapnika R. Rachapalli; Diego Restuccia
发表日期2021-10-11
出版年2021
语种英语
摘要We exploit substantial variation in land-market institutions across Indian states and detailed micro household-level panel data to assess the effect of distortions in land rental markets on agricultural productivity. We provide empirical evidence that states with more rental-market activity feature less misallocation and reallocate land more efficiently over time. We develop a model of heterogeneous farms and land rentals to estimate land-market distortions in each state. Land rentals have substantial positive effects on agricultural productivity: an efficient reallocation of land increases agricultural productivity by 38 percent on average and by more than 50 percent in states with highly distorted rental markets. Both farm and state-level land market distortions are quantitatively important, with state-level wedges accounting for a significant fraction of rental market participation differences across states. Land market distortions contribute about one-third to the large differences in agricultural total factor productivity across Indian states.
主题Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w29363
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/587037
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Marijn A. Bolhuis,Swapnika R. Rachapalli,Diego Restuccia. Misallocation in Indian Agriculture. 2021.
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