The paper discusses the impact of land ownership security on farmers' input use and output value. Economic theory suggests that farmers with secure legal ownership will have more incentives and better ability to invest, due to a lower perceived risk and a favorable access to institutional credit. With higher levels of capital, and with a larger volume of cheaper institutional credit for farm operations, farmers with secure ownership are expected to...
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INFORMACIÓN
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1986/04/30
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Documento de trabajo (Serie Numerada)
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ARU51
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1
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1
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2020/05/18
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Disclosed
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Land ownership security and farm productivity in rural Thailand
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farmer