Land Acquisition for Industrialization and Compensation of Displaced Farmers

By Maitreesh Ghatak, Dilip Mookherjee. 2014

122 citations recorded by the source corpus.

This paper addresses the question of how farmers displaced by acquisition of agricultural land for the purpose of industrialization ought to be compensated. Prior to acquisition, the farmers are leasing in land from a private owner or local government with a legally mandated sharecropping contract. Compensation rules affect the decision of the landlord to sell the land ex post to an industrial developer, and ex ante incentives of tenants and landlord to make specific investments in agricultural productivity. Efficiency considerations are shown to require farmers be over-compensated in the event of conversion.

Subfields: Law, Soil Science

View Paper: https://www.semanticscholar.org/paper/6bb4b459bad0609d16d9f808e301497a87b057a2

Citations in the corpus

• Polluting Industries and Agricultural Productivity: Evidence from Mining in Ghana (2016, unknown): “Recent articles focus on other inputs, such as land or water (Ghatak and Mookherjee, 2013; Keskin, 2009).”