Land Reforms, Poverty Reduction, and Economic Growth: Evidence from India
利用印度各州土地改革实施差异和家庭面板数据，发现土地改革显著促进了收入增长及人力与物质资本积累，但效果随时间递减。
Abstract Recognition of the importance of institutions that provide security of property rights and relatively equal access to economic resources to a broad cross-section of society has renewed interest in the potential of asset redistribution, including land reforms. Empirical analysis of the impact of such policies is, however, scant and often contradictory. We use panel household data from India, together with state-level variation in the land reform implementation, to address some of the deficiencies of earlier studies. Results suggest that land reform had a significant and positive impact on income growth and accumulation of human and physical capital. Policy implications are drawn, especially from the fact that the observed impact of land reform seems to have declined over time.