Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics (Jan 2009)

Land Reform and Farm Land Rental Market Operation in the Northern Uplands of Vietnam

  • Nguyen Trung THANH

Journal volume & issue
no. 1
pp. 153 – 160

Abstract

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This paper examines the factors affecting the participation of farmhouseholds in farm land rental markets with particular focus on the impact ofthe land reform. The operational outcomes of such market participation are alsoanalysed. The study used a panel dataset of farm households surveyed beforeand after the land reform with Random Effect Tobit model. The analysisshowed that the land reform have contributed to increased land rentalparticipation. The operation of the market has both efficiency and equityoutcomes. Therefore, constraints to functioning of land rental market aredifficult to justify. In other words, farm land rental should be promoted to bringsuch desirable outcomes.

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