Record Details

Don´t do Land Reform: a simple theorem

The International Journal of Latest Trends in Finance and Economic Sciences

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Title Don´t do Land Reform: a simple theorem
 
Creator Sousa, Miguel Rocha
Duarte, Vanessa S.
 
Subject
Land Reform, Human Capital, Arrowian LBD, Don’t do land reform, Typology of land reforms
 
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.
 
Publisher International Journal of Latest Trends in Finance and Economic Sciences
 
Contributor
 
Date 2017-05-22
 
Type
 
Format application/pdf
 
Identifier http://ojs.excelingtech.co.uk/index.php/IJLTFES/article/view/Miguel2
10.2047/ijltfesvol6iss4-1210-1221
 
Source International Journal of Latest Trends in Finance and Economic Sciences; Vol 6, No 4 (2016): December; 1210-1221
 
Language en
 
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