@article{Deininger:9824,
      recid = {9824},
      author = {Deininger, Klaus W. and Jin, Songqing and Nagarajan, Hari  K.},
      title = {Determinants and Consequences of Land Sales Market  Participation: Panel Evidence from India},
      address = {2007},
      number = {381-2016-22354},
      series = {Selected Paper 174754},
      pages = {27},
      year = {2007},
      abstract = {Although opinions on impacts of land market transfers are  sharply divided, few studies explore the welfare- and  productivity impact of land markets on a larger scale. We  use a large Indian panel spanning almost 20 years, together  with a climatic shock (rainfall) indicator, to assess the  productivity- and equity-impact of market-mediated land  transfers (sale and purchase)  as compared to non-market  ones (inheritance). While frequent shocks increase land  market activity, an effect that is mitigated by presence of  safety nets and banks- land sales markets improved  productivity and helped purchasers, many of them formerly  landless, to accumulate non-land assets and significantly  enhance their welfare.},
      url = {http://ageconsearch.umn.edu/record/9824},
      doi = {https://doi.org/10.22004/ag.econ.9824},
}