Bibtex export
@article{ Lay2018,
title = {Determinants of foreign land acquisitions in low- and middle-income countries},
author = {Lay, Jann and Nolte, Kerstin},
journal = {Journal of Economic Geography},
number = {1},
pages = {59-86},
volume = {18},
year = {2018},
issn = {1468-2710},
doi = {https://doi.org/10.1093/jeg/lbx011},
urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-56078-3},
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 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.},
keywords = {Grundbesitz; landed property; Bodennutzung; land use; Bewässerung; irrigation; Landwirtschaft; agriculture; Umwelt; environment; natürliche Ressourcen; natural resources; Energie; energy; landwirtschaftliche Entwicklung; agricultural development; Wirtschaftsentwicklung; economic development (on national level); Auslandsinvestition; foreign investment; Direktinvestition; direct investment; multinationales Unternehmen; multinational corporations; Entwicklungsland; developing country}}