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Efficiency and equity impacts of the rental market for cropland in Vietnam and sources of transaction costs impeding the market

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This research investigates the efficiency and equity impacts of the cropland rental market in rural Vietnam and attempts to identify the determinants and importance of transaction costs impeding this market. A generalised ordered logit model with shifting thresholds accounting for effects of transaction costs associated with market participation was specified and estimated using pooled data extracted from the Vietnam Household Living Standards Surveys of 2004 and 2008.
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Efficiency and equity impacts of the rental market for cropland in Vietnam and sources of transaction costs impeding the market

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