Chapter 7. Periurban Land Markets in the Bangalore Region

Slums ◽  
2016 ◽  
pp. 107-120
Keyword(s):  
Author(s):  
Hazel Gray

This chapter explores the role of the political settlement in shaping outcomes of land investments by analysing struggles in key sectors of the economy. Land reform during the socialist period had far-reaching implications for the political settlement. Reforms to land rights under liberalization involved strengthening land markets; however, the state continued to play a significant role. Corruption within formal land management systems became prevalent during the period of high growth. Vietnam experienced a rapid growth in export agriculture but, in contrast with stable property rights for smallholders, Tanzania’s efforts to encourage large land investments were less successful. Industrialization in both countries generated new forms of land struggles that were influenced by the different distributions of power between the state, existing landowners, and investors.


2007 ◽  
Vol 22 (3) ◽  
pp. 489-518 ◽  
Author(s):  
ULRICH PFISTER

ABSTRACTThe study documents fluctuations of proto-industrial income, of occupation, debt and presence on land markets across the life course for rural households in a major proto-industrial region during the seventeenth and eighteenth centuries. These fluctuations are interpreted on the basis that a major objective of households is to equalize their income across different stages of their development. The permanent income hypothesis is then extended to take into account land purchases and debt-contracting that result from the need to adjust land and capital to fluctuations in the size of the family labour force across the family cycle and from endeavours to improve the family's welfare by increasing the labour to land ratio. The empirical material presented shows marked fluctuations of income from proto-industrial work across the life course and suggests the existence of permanent income-cum-accumulation strategies to cope with these fluctuations.


1992 ◽  
Vol 10 (3) ◽  
pp. 245-264 ◽  
Author(s):  
S Krätke

In this paper the urban real estate market is dealt with in the context of broad societal changes. Particular restructuring processes, such as the social and economic polarization between urban regions and the uncoupling of the spheres of production and financial investments, are leading to a rehierarchization of urban land markets and significant changes in the formation of urban land rents. The restructuring of urban land markets is demonstrated with empirical data on cities in West Germany. Against this background the author pleads for a partial reformulation of urban rent theory.


2017 ◽  
Vol 8 (2) ◽  
pp. 201-213
Author(s):  
Abhay Pethe ◽  
Ramakrishna Nallathiga

Land has recently been looked upon as having substantial value in the Indian cities, especially in Mumbai. However, the allocation of land is a contested area with conflicting views and experiences. Governments intervene in land allocation through legislations for achieving equity but they do so without understanding the institutional structure and changing political, social and economic order. The Urban Land (Ceiling and Regulation) Act (ULCRA) is a piece of legislation through which Indian government made an attempt to redistribute urban land by limiting private ownership of it and confiscating the surplus. A critical review of its performance in India points to the difficulty of achieving such lofty goals in the complex real world, wherein different players actively use a variety of tactics to protect their interest, and also negotiate the outcome in the event of its repeal. The weak institutional capacity of the government and the changing governance framework render the outcomes detrimental. The experience of Mumbai city presented further points to the fact that the multiple actors thus have evolved their strategies to protect their interests through lobbying, corruption and legal wrangling. The experience of ULCRA, therefore, points to ground-level impediments to implementation of law and varied responses of the actors so as to preserve (or, even enhance) their particular interests. ULCRA also went against the decentralization of urban governance that began after the 74th Constitutional Amendment Act.


2014 ◽  
Vol 32 (5) ◽  
pp. 378-385 ◽  
Author(s):  
Helen Xiaohui Bao ◽  
Helen Hui Huang ◽  
Yu-Lieh Huang ◽  
Pin-te Lin

Purpose – The purpose of this paper is to investigate the volatility clustering in the return of land markets through both theoretical and empirical approaches. Design/methodology/approach – Using extensive monthly panel data at the provincial level from 1986 to 2013, the authors identify the existence of time-correlated and time-varying returns in Canadian land markets. Findings – Consistent with the proposed theory, volatility clustering in land markets tends to be observed in more populated areas. Originality/value – The result has significant implications for portfolio management, economic theory and government policy by revealing the systematic pattern of volatility clustering in land markets.


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