The effects of political competition on rural land: Evidence from Pakistan

Can more vigorous political competition significantly raise rural land values, or contribute to more robust land rental markets? Exploiting exogenous variation in the national popularity of Pakistan’s political parties during the 2008 elections, we show that provincial assembly constituencies with g...

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Autores principales: Kosec, Katrina, Haider, Hamza S., Spielman, David J., Zaidi, Fatima
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2015
Materias:
Acceso en línea:https://hdl.handle.net/10568/150336
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author Kosec, Katrina
Haider, Hamza S.
Spielman, David J.
Zaidi, Fatima
author_browse Haider, Hamza S.
Kosec, Katrina
Spielman, David J.
Zaidi, Fatima
author_facet Kosec, Katrina
Haider, Hamza S.
Spielman, David J.
Zaidi, Fatima
author_sort Kosec, Katrina
collection Repository of Agricultural Research Outputs (CGSpace)
description Can more vigorous political competition significantly raise rural land values, or contribute to more robust land rental markets? Exploiting exogenous variation in the national popularity of Pakistan’s political parties during the 2008 elections, we show that provincial assembly constituencies with greater competition between political parties had significantly higher land values and more active land rental markets four years later. A standard deviation decrease in a Herfindahl–Hirschman Index (HHI) of political concentration is associated with a 36 percent increase in land values, an 8 percentage point increase in the share of landowners renting out land, and an additional 4 percentage points of each landowner’s land being rented out. Land values appear to increase most among the poorest households, suggesting that benefits are greatest for those with the fewest resources to influence policy. Exploring potential causal mechanisms, we show that political competition leads to more stable and businessfriendly governance and institutions, better amenities, and greater provision of publicly provided goods. The effect of political competition on security is ambiguous, suggesting that political competition may decrease security along some dimensions and increase it along others.
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spelling CGSpace1503362025-11-06T05:57:28Z The effects of political competition on rural land: Evidence from Pakistan Kosec, Katrina Haider, Hamza S. Spielman, David J. Zaidi, Fatima rural governance public goods agricultural policies land markets political competition prices rural areas governance Can more vigorous political competition significantly raise rural land values, or contribute to more robust land rental markets? Exploiting exogenous variation in the national popularity of Pakistan’s political parties during the 2008 elections, we show that provincial assembly constituencies with greater competition between political parties had significantly higher land values and more active land rental markets four years later. A standard deviation decrease in a Herfindahl–Hirschman Index (HHI) of political concentration is associated with a 36 percent increase in land values, an 8 percentage point increase in the share of landowners renting out land, and an additional 4 percentage points of each landowner’s land being rented out. Land values appear to increase most among the poorest households, suggesting that benefits are greatest for those with the fewest resources to influence policy. Exploring potential causal mechanisms, we show that political competition leads to more stable and businessfriendly governance and institutions, better amenities, and greater provision of publicly provided goods. The effect of political competition on security is ambiguous, suggesting that political competition may decrease security along some dimensions and increase it along others. 2015-05-06 2024-08-01T02:51:29Z 2024-08-01T02:51:29Z Working Paper https://hdl.handle.net/10568/150336 en https://hdl.handle.net/10568/150239 https://hdl.handle.net/10568/150289 https://hdl.handle.net/10568/149579 https://doi.org/10.2499/capriwp80 https://hdl.handle.net/10568/160179 https://doi.org/10.2499/p15738coll2.134138 https://doi.org/10.2499/p15738coll2.134228 https://doi.org/10.1016/j.jdeveco.2021.102787 Open Access application/pdf International Food Policy Research Institute Kosec, Katrina; Haider, Hamza S.; Spielman, David J. and Zaidi, Fatima. 2015. The effects of political competition on rural land: Evidence from Pakistan. IFPRI Discussion Paper 1441. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/150336
spellingShingle rural governance
public goods
agricultural policies
land markets
political competition
prices
rural areas
governance
Kosec, Katrina
Haider, Hamza S.
Spielman, David J.
Zaidi, Fatima
The effects of political competition on rural land: Evidence from Pakistan
title The effects of political competition on rural land: Evidence from Pakistan
title_full The effects of political competition on rural land: Evidence from Pakistan
title_fullStr The effects of political competition on rural land: Evidence from Pakistan
title_full_unstemmed The effects of political competition on rural land: Evidence from Pakistan
title_short The effects of political competition on rural land: Evidence from Pakistan
title_sort effects of political competition on rural land evidence from pakistan
topic rural governance
public goods
agricultural policies
land markets
political competition
prices
rural areas
governance
url https://hdl.handle.net/10568/150336
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