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Determinants of foreign land acquisitions in low- and middle-income countries
[Zeitschriftenartikel]
Abstract This article analyses the determinants of growing demand for agricultural land in developing countries. We propose some determinants that are specific to foreign acquisitions of agricultural land as a subset of agricultural foreign direct investment (FDI) and empirically examine the corresponding lo... mehr
This article analyses the determinants of growing demand for agricultural land in developing countries. We propose some determinants that are specific to foreign acquisitions of agricultural land as a subset of agricultural foreign direct investment (FDI) and empirically examine the corresponding locational choice. Using a gravity model and a data set on land acquisitions worldwide, we find that the determinants partly overlap with those for other forms of FDI but are specific in certain regards. Rich investors target (poorer) economies with abundant land and water resources, and the effects of the quality of institutions are ambiguous.... weniger
Thesaurusschlagwörter
Grundbesitz; Bodennutzung; Bewässerung; Landwirtschaft; Umwelt; natürliche Ressourcen; Energie; landwirtschaftliche Entwicklung; Wirtschaftsentwicklung; Auslandsinvestition; Direktinvestition; multinationales Unternehmen; Entwicklungsland
Klassifikation
Volkswirtschaftstheorie
Wirtschaftssektoren
Freie Schlagwörter
Bodenreform; internationales Investment; Langfristige Kapitalbewegungen; erschöpfbare Ressourcen
Sprache Dokument
Englisch
Publikationsjahr
2018
Seitenangabe
S. 59-86
Zeitschriftentitel
Journal of Economic Geography, 18 (2018) 1
DOI
https://doi.org/10.1093/jeg/lbx011
ISSN
1468-2710
Status
Veröffentlichungsversion; begutachtet (peer reviewed)