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Farmer's willingness to pay for Tenure Security

Abstract: 

<p><em>An important aspect of property rights in agrarian societies is the entitlements in land. While there are numerous theoretic formulations showing the impact of secured tenure, there has not been sufficient success in the empirical sphere. This paper tries to obtain ex-ante valuation for improved tenure system of farmers in Ethiopia. The paper also tries to identify factors that trigger the choice for a positive WTP( Willingness to pay) and those that affect the amount that farmers would pay for such a change. The results in this paper seem to reinforce the compelling reasons, discussed in the tenure literature, required for having a secured institutional setup for the farmers in Ethiopia. On the basis of this, consequent policy prescription is for the system to move towards a more secured system by banning all efforts of redistribution and allowing the farmers to decide on allocating the resource as they wish to their siblings.</em></p>

Corporate Author: 
Ethiopian Economic Association/Ethiopian Economic Policy Research Institute (EEA/EEPRI)
Publisher: 
Ethiopian Economic Association (EEA)
Primary Descriptors: 

<p>Privatization</p>

Secondary Descriptor: 

<p>Land value taxation</p>

Cataloge Date: 
03/02/2013
Broad Subject heading: 
Land tenure
Call Number: 
330.05 ETH JOU
Serial Key Title: 
Ethiopian Journal of Economics
Publication catagory: 
Content type: 
Volume: 
VII
Year: 
October, 1998
Publication date: 
1998-03-02 00:00:00
Forum or Discussion date: 
2013-03-02 00:00:00
Number: 
2
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Serial (Journal)
Current frequency: 
Semiannual
Author: