American Economic Journal: Macroeconomics · 2026 · Marijn Bolhuis、Swapnika Rachapalli、Diego Restuccia
中文摘要
我们利用印度各邦土地市场制度的巨大差异以及详细的农户层面面板数据,评估土地市场扭曲对农业生产率的影响。我们构建了一个包含异质性农场与扭曲土地市场的模型,其特征包括:(i) 邦层面的土地市场参与壁垒,以及 (ii) 针对农场规模的特质性(农场层面)扭曲。我们在每个邦对这两类土地市场扭曲来源分别进行识别与估计。我们发现各邦之间的租赁壁垒差异巨大,并对农业生产率造成较大的负面影响。与土地市场参与相关的扭曲对印度各邦之间的农业生产率差异有相当大的贡献。(JEL D24, O13, O18, Q12, Q15, Q24)
Abstract
We exploit substantial variation in land-market institutions across Indian states and detailed household-level panel data to assess the effect of land-market distortions on agricultural productivity. We develop a model of heterogeneous farms and distorted land markets, featuring (i) state-level barriers to land-market participation and (ii) idiosyncratic (farm-level) distortions to farm size. We separately identify and estimate the two sources of land-market distortions in each state. We find substantial differences across states in rental barriers with large negative effects on agricultural productivity. Distortions associated with land-market participation contribute substantially to agricultural productivity differences across Indian states. (JEL D24, O13, O18, Q12, Q15, Q24)