Land Market Responses to Weather Shocks: Evidence from rural Uganda and Kenya
DOWNLOADMarch 30, 2022 - Rayner Tabetando and Raoul Fani Djomo Choumbou
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Land plays at least two fundamental roles in Africa. Firstly, it provides the basis for agricultural production and thus a source of livelihood for poor households. Secondly, land is increasingly a tradable asset which can be used to smooth consumption and shield investments in schooling and health. Africa has long been seen as a land abundant region. However, land scarcity is increasing in many parts of Africa such as in East Africa due to population pressure. In this context of scarcity, land markets notably land rental markets are increasingly active in countries such as Uganda and Kenya. Land markets are known to enhance efficiency in agricultural production and induce equity in land distribution.
