Land Tenure, Tenure Security and Farm Efficiency: Panel Evidence from the Philippines
利用菲律宾230个水稻农场的四轮面板数据，检验正式产权、土地租赁合同与农业生产效率之间的关系，发现租赁市场在土地配置上效率低下，而非正式保有权合同提供了保有权安全。
Abstract This article tests the relationships among formalised property rights, land tenure contracts and productive efficiency in farming. Using four rounds of panel data from 230 rice farms in the Philippines, we measure the effects of land tenure arrangements on farm efficiency using a stochastic production frontier model. We test for the allocative efficiency of observed land rental markets. We also test how land tenure security affects farmers' investment decisions. Results suggest that, despite the presence of formalised titles, the rental market remains inefficient at allocating land. In contrast, the unformalised tenure contracts used by farmers appear to provide tenure security.