Impacts of Transparent Online Auctions on Public Land Lease Revenue
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World Bank, Washington, DC
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Although millions of hectares of
public land are transferred to private parties each year,
often with unsatisfactory results, evidence on mechanisms to
achieve better outcomes is scant. This paper analyzes the
impact of a 2021 reform in Ukraine that -after earlier
digitization efforts did not produce desired results-
mandated use of transparent online auctions by local
government to transfer rights to public agricultural land.
The shift to a collusion-proof electronic auction system led
to a near-instantaneous doubling of lease revenue. Had all
public land Ukraine transferred since 2015 auctioned using
post-reform mechanisms, local governments would have
received incremental lease revenue of US$500 million per
year. In countries with large public land endowments, legal
and regulatory reform to ensure rights to public land are
allocated competitively and in a decentralized way could
possibly improve social, economic, and environmental outcomes.
Palabras clave
LAND AUCTION, PUBLIC LAND, GOVERNANCE, DECENTRALIZATION, GOVERNMENT LAND LEASE, PUBLIC LAND ADMINISTRATION REFORM, LOCAL GOVERNMENT REVENUE, LAND TRANSFER, COLLUSION-PROOF SYSTEM, LEGAL REFORM