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Explaining International Land Transactions in Africa
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Author(s): Yohannes G. Hailu (United Nations Commission for Africa, Rwanda), Adesoji Adelaja (Michigan State University, USA), Henry Akaeze (Michigan State University, USA)and Steve Hanson (Michigan State University, USA)
Copyright: 2014
Pages: 20
Source title:
Econometric Methods for Analyzing Economic Development
Source Author(s)/Editor(s): Peter V. Schaeffer (West Virginia University, USA)and Eugene Kouassi (University of Cocody, Cote d'Ivoire)
DOI: 10.4018/978-1-4666-4329-1.ch008
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Abstract
Rising global food prices and demand for biofuels have recently heightened global interests in agricultural land resources in Africa, resulting in increased International Land Transactions (ILTs). While opponents of ILTs have dubbed it “land grabbing,” proponents welcome the opening of Africa’s agriculture to foreign direct investment. Limited empirical work exists explaining the motivations of investor and host countries. This chapter attempts to expand the literature by providing an empirical explanation of country land targeting behavior. As the debate on “land grabbing” intensifies, understanding motivations of various actors in the land market becomes relevant.
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