Contract Duration under Incomplete Land Ownership Rights: Empirical Evidence from Rural Ethiopia

摘要: Using the land tenure system in Ethiopia, where all is state-owned and only farm households have usufruct rights, as a case study, we assessed links between owners’ insecurity, associated behavioral factors, contract length. In this paper, analyze these with survey data of rural Amhara National Regional State Ethiopia. The empirical strategy follows hazard function model employed duration analyses investigates fitness to alternative exponential Weibull functional forms. results show that landlords’ risk aversion increases contracts, which line reverse tenancy argument preferences affect land-contract decisions. findings study also indicate insecurity critical factor nature length contracts; hence, policies should aim reduce frustrations regarding future redistribution by state. An important implication secure systems can disincentives from due uncertainty about thereby enhance tenants’ welfare. Longer-term stable contracts improve rental market. addition, impact points toward importance poverty functioning