Since 2014
Don´t do Land Reform: a simple theorem
The International Journal of Latest Trends in Finance and Economic Sciences
View Archive Info| Field | Value | |
| Title |
Don´t do Land Reform: a simple theorem
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| Creator |
Sousa, Miguel Rocha
Duarte, Vanessa S. |
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| Subject |
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Land Reform, Human Capital, Arrowian LBD, Don’t do land reform, Typology of land reforms |
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| Description |
We assess the general impact of land reforms on growth using human capital growth models due to Arrow (1962) - the main newness of the paper- after surveying the literature and building a typology. Thus, we conclude that land reform can yet been used as a modern tool to spur growth and development, but with our approach we can define the main limits and constraints that can block this growth. We conclude that a raise in undifferentiated wages after land reform leads to an unrecoverable society welfare loss; thus, yielding a lesson to political agents’ decision-makers elected after land reforms – wage raise land reform should not be used as an electoral motto.
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| Publisher |
International Journal of Latest Trends in Finance and Economic Sciences
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| Contributor |
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| Date |
2017-05-22
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| Type |
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| Format |
application/pdf
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| Identifier |
http://ojs.excelingtech.co.uk/index.php/IJLTFES/article/view/Miguel2
10.2047/ijltfesvol6iss4-1210-1221 |
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| Source |
International Journal of Latest Trends in Finance and Economic Sciences; Vol 6, No 4 (2016): December; 1210-1221
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| Language |
en
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| Rights |
The copyright of the contribution is transferred to IJLTFES in case of acceptance. The copyright transfer covers the exclusive right to reproduce and distribute the contribution, including reprints, translations, photographic reproductions, microform, electronic form, or any other reproductions of similar nature. The Author may publish his/her contribution on his/her personal Web page provided that he/she creates a link to the mentioned volume of IJLTFES. The Author may not publish his/her contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially. The Author warrants that his/her contribution is original, except for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libellous statements, and does not infringe on any copyright, trademark, patent, statutory right, or propriety right of others. The Author also agrees for and accepts responsibility for releasing this material on behalf of any and all co-authors.
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