Land market distortions: theory and evidence from Guatemala

M. Hernández, B. Britos, Luis Miguel Robles Flores, D. Trupkin

Producción científica: Contribución a una conferenciarevisión exhaustiva


Farm size and land allocation are important factors in explaining lagging agricultural productivity in developing countries. This paper formally examines the effect of land market distortions on the allocation of land across farmers and overall agricultural productivity. We first develop a theoretical framework to model the optimal size distribution of farms and assess to what extent market distortions can explain nonoptimal land allocation and output inefficiency. We then calibrate the model to the case of Guatemala and evaluate potential drivers of the distortions across locations. We find that aggregate agricultural productivity across regions is over the range of 54-95% of the efficient output for different major crops considered. We evaluate alternative factors correlated with these distortions and provide some policy recommendations to improve efficiency.
Idioma originalInglés
Número de páginas33
EstadoPublicada - 2018
Publicado de forma externa
EventoInternational conference of Agricultural Economists - Vancouver, Canadá
Duración: 28 jul. 20182 ago. 2018
Número de conferencia: 10th


ConferenciaInternational conference of Agricultural Economists
Título abreviadoAgEcon

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