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Effect of intergenerational asset transfers on land distribution in rural Cambodia: case studies of three rice‐growing villages
Author(s) -
Yagura Kenjiro
Publication year - 2015
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/agec.12149
Subject(s) - asset (computer security) , agricultural economics , distribution (mathematics) , economics , geography , business , mathematical analysis , computer security , mathematics , computer science
After land reallocation in the early 1980s, inequality in landholdings has re‐emerged in rural Cambodia. Besides land sales and purchases, intergenerational transfers of assets may foster inequality in landholdings among “second generation” (2G) couples who, having wed after the 1980s reallocation, received no land from the government. Data analysis of three rice‐growing villages reveals that land received directly from parents accounts for 18–41% of inequality in landholdings among sample 2G couples. Although net land gain after marriage, primarily through purchases, is the largest contributor to the inequality, nonland assets received from parents positively affect the net gain. Direct and indirect effects combined, assets received from parents account for 35–57% of inequality in landholdings. The effect of assortative matching of the acreage received from parents has hitherto been small.