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Concentration Of Land Ownership
Concentration of land ownership refers to the ownership of land in a particular area by a small number of people or organizations. It is sometimes defined as additional concentration beyond that which produces optimally efficient land use. Distribution Land concentration exists in many countries. In Brazil, one of the countries with the highest amount of land concentration, the situation has resulted in large tracts lying idle while 95% of farmers work just 11% of the arable land. In 2010, the Czech Republic had the highest concentration, according to World Bank figures. In Scotland, just 400 people own more than 50% of privately owned land. Other countries with high land concentration include the United States, Venezuela, Paraguay, South Africa, and Namibia. Land concentration is currently increasing in the European Union and the United States, but decreasing in North Africa. Development In theory, a free market should allocate land in the most productive way, but in practice lan ...
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Land Use
Land use involves the management and modification of natural environment or wilderness into built environment such as settlements and semi-natural habitats such as arable fields, pastures, and managed woods. Land use by humans has a long history, first emerging more than 10,000 years ago. It has been defined as "the purposes and activities through which people interact with land and terrestrial ecosystems" and as "the total of arrangements, activities, and inputs that people undertake in a certain land type." Land use is one of the most important drivers of global environmental change. History Human tribes since prehistory have segregated land into territories to control the use of land. Today, the total arable land is 10.7% of the land surface, with 1.3% being permanent cropland. Regulation Land use practices vary considerably across the world. The United Nations' Food and Agriculture Organization Water Development Division explains that "Land use concerns the produ ...
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Prussia
Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by an Allied decree in 1947. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, Berlin, decisively shaped the history of Germany. In 1871, Prussian Minister-President Otto von Bismarck united most German principalities into the German Empire under his leadership, although this was considered to be a "Lesser Germany" because Austria and Switzerland were not included. In November 1918, the monarchies were abolished and the nobility lost its political power during the Ger ...
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Land Fragmentation
Land consolidation is a planned readjustment and rearrangement of fragmented land parcels and their ownership. It is usually applied to form larger and more rational land holdings. Land consolidation can be used to improve rural infrastructure and to implement developmental and environmental policies (improving environmental sustainability and agriculture). History Land consolidation has existed in Europe for many centuries. In France, the first modern land consolidation took place in Rouvres-en-Plaine in 1707. The practice of private land consolidation began to be visible in the Paris Basin during the nineteenth century. Subsequently, it was usually done with the support of the public authorities. A law of 16 June 1824 authorized the exchange of land between individuals in order to fight against the fragmentation of agricultural parcels and to improve productivity. The concept spread more widely in Europe and the USA in the early 20th century. In the Netherlands the first land c ...
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Inverse Relationship (agriculture)
Agricultural productivity is measured as the ratio of agricultural outputs to inputs. While individual products are usually measured by weight, which is known as crop yield, varying products make measuring overall agricultural output difficult. Therefore, agricultural productivity is usually measured as the market value of the final output. This productivity can be compared to many different types of inputs such as labour or land. Such comparisons are called partial measures of productivity. Agricultural productivity may also be measured by what is termed total factor productivity (TFP). This method of calculating agricultural productivity compares an index of agricultural inputs to an index of outputs. This measure of agricultural productivity was established to remedy the shortcomings of the partial measures of productivity; notably that it is often hard to identify the factors cause them to change. Changes in TFP are usually attributed to technological improvements. Agri ...
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Family Farms
A family farm is generally understood to be a farm owned and/or operated by a family; it is sometimes considered to be an estate passed down by inheritance. Although a recurring conceptual and archetypal distinction is that of a family farm as a smallholding versus corporate farming as large-scale agribusiness, that notion does not accurately describe the realities of farm ownership in many countries. Family farm businesses can take many forms, from smallholder farms to larger farms operated under intensive farming practices. In various countries, most farm families have structured their farm businesses as corporations (such as limited liability companies) or trusts, for liability, tax, and business purposes. Thus, the idea of a family farm as a unitary concept or definition does not easily translate across languages, cultures, or centuries, as there are substantial differences in agricultural traditions and histories between countries and between centuries within a country ...
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Economy Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the use o ...
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Agricultural Productivity
Agricultural productivity is measured as the ratio of agricultural outputs to inputs. While individual products are usually measured by weight, which is known as crop yield, varying products make measuring overall agricultural output difficult. Therefore, agricultural productivity is usually measured as the market value of the final output. This productivity can be compared to many different types of inputs such as labour or land. Such comparisons are called partial measures of productivity. Agricultural productivity may also be measured by what is termed total factor productivity (TFP). This method of calculating agricultural productivity compares an index of agricultural inputs to an index of outputs. This measure of agricultural productivity was established to remedy the shortcomings of the partial measures of productivity; notably that it is often hard to identify the factors cause them to change. Changes in TFP are usually attributed to technological improvements. Agri ...
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Homestead Acts
The Homestead Acts were several laws in the United States by which an applicant could acquire ownership of government land or the public domain, typically called a homestead. In all, more than of public land, or nearly 10 percent of the total area of the United States, was given away free to 1.6 million homesteaders; most of the homesteads were west of the Mississippi River. An extension of the homestead principle in law, the Homestead Acts were an expression of the Free Soil policy of Northerners who wanted individual farmers to own and operate their own farms, as opposed to Southern slave-owners who wanted to buy up large tracts of land and use slave labor, thereby shutting out free white farmers. The first of the acts, the Homestead Act of 1862, opened up millions of acres. Any adult who had never taken up arms against the Federal government of the United States could apply. Women and immigrants who had applied for citizenship were eligible. Several additio ...
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Gary Libecap
Gary Don Libecap (born 1946) is a Distinguished Professor of Corporate Environmental Management at the Bren School of Environmental Science & Management and Distinguished Professor of Economics at the University of California Santa Barbara. Libecap is a research associate at the National Bureau of Economic Research; a research fellow at the Hoover Institution; and a senior fellow at the Property and Environment Research Center, and a member of the Research Group on Political Institutions and Economic Policy, Harvard University. He was the Pitt Professor of American History and Institutions at Cambridge University 2010-11, and was previously the Anheuser Busch Professor of Entrepreneurial Studies, Economics, and Law at the University of Arizona. Libecap's research focuses on the role of property rights institutions in addressing the open access losses for natural resources such as fisheries and freshwater, as well as the role of water markets in encouraging efficient use and allo ...
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Human Capital
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital, for example, through education and training, enabling improved levels of quality and production. As a result of his conceptualization and modeling work using Human Capital as a key factor, the 2018 Nobel Prize for Economics was jointly awarded to Paul Romer, who founded the modern innovation-driven approach to understanding economic growth. In the recent literature, the new concept of task-specific human capital was coined in 2004 by Robert Gibbons, an economist at MIT, and Michael Waldman, an economist at Cornell University. The concept emphasizes ...
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Oded Galor
Oded Galor (born 1953) is an Israeli-American economist who is currently Herbert H. Goldberger Professor of Economics at Brown University. He is the founder of unified growth theory. Galor has contributed to the understanding of process of development over the entire course of human history and prehistory, and the role of deep-rooted factors in the transition from stagnation to growth and in the emergence of the vast inequality across the globe. Moreover, he has pioneered the exploration of the impact of human evolution, population diversity, and inequality on the process of development over most of human existence. Career Galor completed his BA and MA at the Hebrew University of Jerusalem, and his PhD at Columbia University. He served as a Chilewich Professor of Economics at the Hebrew University, and he is currently the Herbert H. Goldberger Professor of Economics at Brown University. He was awarded Doctor Honoris Causa from Poznań University of Economics & Business and from U ...
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Great Divergence
The Great Divergence or European miracle is the socioeconomic shift in which the Western world (i.e. Western Europe and the parts of the New World where its people became the dominant populations) overcame pre-modern growth constraints and emerged during the 19th century as the most powerful and wealthy world civilization, eclipsing the Ottoman Empire, Mughal India, Qing China, Tokugawa Japan, and Joseon Korea. Scholars have proposed a wide variety of theories to explain why the Great Divergence happened, including geography, culture, institutions, colonialism, resources and just pure chance. There is disagreement over the nomenclature of the "great" divergence, as a clear point of beginning of a divergence is traditionally held to be the 16th or even the 15th century, with the commercial revolution and the origins of mercantilism and capitalism during the Renaissance and the Age of Discovery, the rise of the European colonial empires, proto-globalization, the Scientific Revo ...
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