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The Emergence of Land Markets in Africa by Frank M Place, Keijiro Otsuka, Stein T Holden

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CHAPTER 5

Efficiency and Equity Impacts

of Land Markets in Kenya

TAKASHI YAMANO, FRANK M. PLACE,

WILFRED NYANGENA, JULLIET

WANJIKU, AND KEIJIRO QTSUKA

imageopulation continues to grow rapidly in sub-Saharan Africa and has exerted strong pressure on limited cultivable land areas. Thus, how to allocate scarce land resources among farm households efficiently and equitably is a major policy issue in many parts of the continent (see Chapters 1 and 2). This issue is particularly relevant for poverty reduction, as the poor usually have limited access to land. Due to its increasing scarcity, new forms of accessing land have emerged in Africa, including market-based ...

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