The rural poor have few resources and economic endowments with which to generate their livelihood. Ironically, the resources they do have, especially labor, are often underutilized. Direct access to land can be critical as a means to fully employing labor resources, especially when other sources of employment and income are weak.
- Transaction Cost
- Poor Household
- Farm Size
- Land Price
- Rural Poor
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The authors express their gratitude to Olivier Delahaye, Ramón López and Alberto Valdés for their thoughtful comments on this chapter.
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© 2000 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Carter, M.R., Zegarra, E. (2000). Land Markets and the Persistence of Rural Poverty: Post-Liberalization Policy Options. In: López, R., Valdés, A. (eds) Rural Poverty in Latin America. Palgrave Macmillan, London. https://doi.org/10.1057/9780333977798_4
Publisher Name: Palgrave Macmillan, London
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