01620nam a22001577a 4500 522671 522671 230503b ||||| |||| 00| 0 eng d Takayama, Taisuke et al 40430 Do partial land rights increase productivity and investment? Evidence from the redistributive land reform in post world war second The Developing Economics 60(2), Jun, 2022: p.77-100 There are inconclusive findings on the causal effect of land reform and its crucial channels in the development economics literature. One challenge is to separate the channels, through which land rights operate. This study examines the impact of redistributive land reform in post–World War II Japan on agricultural productivity and investments. This reform imposed a ceiling on landholdings, redistributed above-ceiling farmland from landlords to tenants, and severely restricted the transferability of redistributed farmland. Thus, we can focus on the tenure security effect (not the tradability and pledgeability effects) as one probable channel. Using rice-farm panel data before and after the reform (i.e., 1947 and 1948), we exploit the variation in the reform implementation across tenants. The land reform had little effect on total factor productivity and investment in the subsequent season. Our results suggest that the security dimension of land rights alone does not increase short-run agricultural productivity.- Reproduced Land reform, Land rights, Total factor productivity, Japan. 38109 The Developing Economics LAND REFORMS AR 0 0 ddc 0 0 397685 IIPA IIPA 2023-05-03 60(2), Jun, 2022: p.77-100 AR128769 2023-05-03 AR