Journal article

Authors list: Kvartiuk, Vasyl; Petrick, Martin

Publication year: 2021

Journal: World Development

Volume number: 138

ISSN: 0305-750X

Open access status: Hybrid

DOI Link: https://doi.org/10.1016/j.worlddev.2020.105285

Publisher: Elsevier

Abstract: 
This study analyses the effect of Kazakhstan's 2003-2005 agricultural land reform on land rental and credit market participation. Although the reform declared an intention to facilitate efficient land allocation, we observe a major land concentration. We analyze whether new land relations stimulated land sales and rental markets and made credit more accessible. Utilizing data from two independent surveys before and after private land ownership was introduced, we demonstrate that the reform did not affect the land sales market but reorganized the land-rental market in a top-down fashion with the state remaining the principal landlord. The reform did not achieve the goal of providing access to land for the more skilled producers and did little to facilitate the use of owned land as collateral. The reform achievements are modest and bolder steps will be necessary to improve the functioning of Kazakhstan's agricultural land markets. (C) 2020 The Authors. Published by Elsevier Ltd.

Harvard Citation style: Kvartiuk, V. and Petrick, M. (2021) Liberal land reform in Kazakhstan? The effect on land rental and credit markets, World Development, 138, Article 105285. https://doi.org/10.1016/j.worlddev.2020.105285

APA Citation style: Kvartiuk, V., & Petrick, M. (2021). Liberal land reform in Kazakhstan? The effect on land rental and credit markets. World Development. 138, Article 105285. https://doi.org/10.1016/j.worlddev.2020.105285