Farmer’s willingness to pay for Tenure Security

An important aspect of property rights in agrarian societies is the entitlements in land. While there are numerous theoretic formulations showing the impact of secured tenure, there has not been sufficient success in the empirical sphere. This paper tries to obtain ex-ante valuation for improved tenure system of farmers in Ethiopia. The paper also tries to identify factors that trigger the choice for a positive WTP( Willingness to pay) and those that affect the amount that farmers would pay for such a change. The results in this paper seem to reinforce the compelling reasons, discussed in the tenure literature, required for having a secured institutional setup for the farmers in Ethiopia. On the basis of this, consequent policy prescription is for the system to move towards a more secured system by banning all efforts of redistribution and allowing the farmers to decide on allocating the resource as they wish to their siblings.


Editor(s):
Alemayehu, Geda
Alemayehu, Seyoum
Alemu, Mekonnen
Berhane, Tareke
Getachew, Asgedom
Getachew, Yoseph
Tenkir, Bonger
Issue Date:
2001-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/250212
Published in:
Ethiopian Journal of Economics, Volume 07, Number 2
Page range:
65-90
Total Pages:
90
Series Statement:
ETHIOPIAN JOURNAL OF ECONOMICS
Volume VII Number 2; October 1998




 Record created 2017-04-01, last modified 2017-04-28

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