Investments in transport infrastructure
lower trade costs and lead to integration of villages with
urban markets. Does spatial market integration increase land
inequality in rural areas? Theoretical analysis by Braverman
and Stiglitz (1989) suggests that the interactions of lower
trade costs with credit market imperfections can increase
land inequality. The primary mechanism is the adoption of
increasing returns technology by large landowners...
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2023/01/25
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Рабочий документ в рамках исследования вопросов политики
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WPS10286
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1
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2023/01/25
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Disclosed
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Does Market Integration Increase Rural Land Inequality ? Evidence from India
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