Logo
Munich Personal RePEc Archive

Land Acquisition and Compensation Policy for Development Activity

Dinda, Soumyananda (2015): Land Acquisition and Compensation Policy for Development Activity. Published in: Journal of Land and Rural Studies , Vol. 1, No. 4 (4 January 2016): pp. 111-118.

[thumbnail of MPRA_paper_83453.pdf]
Preview
PDF
MPRA_paper_83453.pdf

Download (353kB) | Preview

Abstract

Development policy focuses on creation of economic opportunities which increase the demand for transferring land from primary to secondary or tertiary activities. Market mechanism is sufficient argument of distributive justice for land acquisition for development activities, but it ignores income security. Landowners are heterogeneous in terms of knowledge, skills, risk preferences, attitudes and perception of future development benefits. The role of complementarities of land with farming skills are non-transferable that incorporate their concern for financial security and time preference. These concerns exhibited considerable diversity with corresponding preferences over alternative forms of non-cash compensation. Hence, alternative compensation packages ought to be offered to cater to this diversity.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.