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Market power and voluntary land redistribution

Abstract : Inequality in land ownership remains a major issue in many developing countries, such as Brazil, Colombia, and South Africa. Donors advocate a new model of "willing-buyer/willing-seller\", market-led land redistribution, but actual redistribution has fallen short of expectations. Little effort has been made so far to formalize the obstacles to market-led land redistribution. In this paper, we show that oligopolistic owner-producers may resist land sales to poorer candidate-buyers not only because they have a lower willingness to pay for land but also because the entry of poorer entrants threatens tacit collusion.
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https://hal.archives-ouvertes.fr/hal-00867615
Contributor : Lucie Ménager <>
Submitted on : Monday, September 30, 2013 - 8:22:02 PM
Last modification on : Thursday, February 21, 2019 - 11:02:54 AM
Long-term archiving on: : Tuesday, December 31, 2013 - 4:25:36 AM

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  • HAL Id : hal-00867615, version 1

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Lucie Ménager, Christine Valente. Market power and voluntary land redistribution. 2011. ⟨hal-00867615⟩

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