The Rental Market for Farmland in Vietnam's Mountainous North Central Coast Region
Outcomes and Constraints
Bibliographic Data
| ID | 13907229 |
|---|---|
| Authors | Van Le (0000-0002-6428-8731, Lincoln University - Pennsylvania, corresponding author), Malcolm Lyne (0000-0002-4530-1195, University of KwaZulu-Natal), Michael Lyne, Nazmun Ratna, Nazmun N Ratna (0000-0002-7565-2834, Lincoln University - Pennsylvania), Peter L Nuthall (0000-0002-1964-8937, Lincoln University - Pennsylvania), Peter Nuthall |
| Year | 2013 |
| Volume | 33 |
| Issue | 4 |
| Pages | 416-423 |
| Publication date | 2013-11-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Mountain Research and Development (JOURNAL) |
| Journal identifiers | ISSN: 0276-4741 • E-ISSN: 1994-7151 |
| Publisher | International Mountain Society (PUBLISHER • CH) |
| DOI | 10.1659/mrd-journal-d-13-00009.1 |
| OpenAlex | W2049431303 |
| Language | EN |
| Citations received | 5 |
| References cited | 22 |
Vietnam's rural areas are characterized by small and fragmented farms, cost inefficiency, and low agricultural income. An efficient land rental market is expected to alleviate some of these problems by creating incentives for allocative efficiency. Voluntary rental transactions are also expected to improve the welfare of both lessees and lessors. This study investigates the efficiency and equity outcomes of the rental market for farmland in a commune in Vietnam's north central coast region, a mountainous area with relatively low incomes and a high concentration of ethnic minorities. It also examines the efficiency of the rental market itself, recognizing that market participation is affected by cultural norms and mutual trust. Data for the study were gathered in 2 household surveys, each conducted in 2 villages. The first was a multistage sample survey of 200 households; the second was a census survey of rental market participants. It was found that the rental market is encouraging households to trade their land use rights in mutually beneficial ways that transfer land to more effective farmers. But there is considerable room for improvement through increasing the number of market participants by reducing transaction costs associated with inadequate information, opportunism, and lack of confidence in the legal system. Perceived levels of risk differed between Kinh and Thai respondents
Agricultural economics · Allocative efficiency · Business · Economics · Equity (law · Inefficiency · Market economy · Opportunism · Renting · Transaction cost · Land Rights and Reforms · Microfinance and Financial Inclusion · Urban and Rural Development Challenges · Finance
Influences of Farmland Transfer Transaction Costs on Contract Choices from the Perspective of Differential Order Governance
Farmer perceptions in Mashonaland East Province on Zimbabwe’s agricultural land rental policy
Satisfaction principle or efficiency principle? Decision-making behavior of peasant households in China’s rural land market
Land rental in a multi-ethnic society
How reliable are cultivated land assets as social security for Chinese farmers
Structural vs. relational embeddedness
Bowling alone
Social Capital in the Creation of Human Capital
The Handbook of Social Capital
The Economic Institutions of Capitalism
The New Institutional Economics
Land Titling and Rural Transition in Vietnam
A Dimensional Approach to Measuring Social Capital
Social Capital in the Creation of Human Capital
| Citations per year | 0.63 |
|---|---|
| Citation span | 2018 - 2024 (7) |
| Highly cited | No |