Robin Hood's Compromise: The Economics of Moderate Land Reforms
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| 024 | 7 | 0 | |a 10.2202/1538-0645.1306 |2 doi |
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| 245 | 0 | 0 | |a Robin Hood's Compromise: The Economics of Moderate Land Reforms |h [Elektronische Daten] |c [Oriana Bandiera, Gilat Levy] |
| 520 | 3 | |a This paper analyses the consequences of an unusual type of land redistribution; we take land from the very rich, as usual, but give it to the rich instead of the poor. We show that such "moderate" reform reduces agency costs and thereby increases productivity, total surplus in the economy, and the welfare of rural workers. Compared to the classic redistribution "to the tiller", moderate reforms do worse in terms of equity and do not give the poor a collaterizable asset. They can however do equally well in terms of efficiency and might be more sustainable both financially and politically. | |
| 540 | |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston | ||
| 690 | 7 | |a land reform |2 nationallicence | |
| 690 | 7 | |a moral hazard |2 nationallicence | |
| 700 | 1 | |a Bandiera |D Oriana |u LSE, o.bandiera@lse.ac.uk |4 aut | |
| 700 | 1 | |a Levy |D Gilat |u LSE, g.levyl@lse.ac.uk |4 aut | |
| 773 | 0 | |t Contributions in Economic Analysis & Policy |d De Gruyter |g 3/1(2004-12-03) |q 3:1 |1 2004 |2 3 |o bejeap | |
| 856 | 4 | 0 | |u https://doi.org/10.2202/1538-0645.1306 |q text/html |z Onlinezugriff via DOI |
| 908 | |D 1 |a research article |2 jats | ||
| 950 | |B NATIONALLICENCE |P 856 |E 40 |u https://doi.org/10.2202/1538-0645.1306 |q text/html |z Onlinezugriff via DOI | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Bandiera |D Oriana |u LSE, o.bandiera@lse.ac.uk |4 aut | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Levy |D Gilat |u LSE, g.levyl@lse.ac.uk |4 aut | ||
| 950 | |B NATIONALLICENCE |P 773 |E 0- |t Contributions in Economic Analysis & Policy |d De Gruyter |g 3/1(2004-12-03) |q 3:1 |1 2004 |2 3 |o bejeap | ||
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