The Globalization of Farmland

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dc.creatorArezki, Rabah
dc.creatorBogmans, Christian
dc.creatorSelod, Harris
dc.date2018-06-18T20:07:57Z
dc.date2018-06-18T20:07:57Z
dc.date2018-05
dc.date.accessioned2026-07-01T00:41:41Z
dc.descriptionThis paper is the first to provide both theoretical and empirical evidence of farmland globalization whereby international investors directly acquire large tracts of agricultural land in other countries. A theoretical framework explains the geography of farmland acquisitions as a function of cross-country differences in technology, endowments, trade costs, and land governance. An empirical test of the model using global data on transnational deals shows that international farmland investments are on the aggregate likely motivated by re-exports to investor countries rather than to world markets. This contrasts with traditional foreign direct investment patterns where horizontal as opposed to vertical foreign direct investment dominates.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/973431527621030331/The-globalization-of-farmland-theory-and-empirical-evidence
dc.identifierhttps://hdl.handle.net/10986/29885
dc.identifier10.1596/1813-9450-8456
dc.identifier.urihttp://hdl.handle.net/123456789/409307
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 8456
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectLAND ACQUISITION
dc.subjectFOOD SECURITY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectLAND GOVERNANCE
dc.subjectFARMLAND
dc.titleThe Globalization of Farmland
dc.titleTheory and Empirical Evidence
dc.typeWorking Paper
dc.typeDocument de travail
dc.typeDocumento de trabajo

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