01861cas a2200265 a 4500 AALejournalIMF018494 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484362105 1018-5941 BD-DhAAL BD-DhAAL Arezki, Rabah. The Globalization of Farmland : Theory and Empirical Evidence / Rabah Arezki, Christian Bogmans, Harris Selod. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (45 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper is the first to provide both theoretical and empirical evidence of farmland globalization whereby international investors directly acquire large tracts of agricultural land in other countries. A theoretical framework explains the geography of farmland acquisitions as a function of cross-country differences in technology, endowments, trade costs, and land governance. An empirical test of the model using global data on transnational deals shows that international farmland investments are on the aggregate likely motivated by re-exports to investor countries rather than to world markets. This contrasts with traditional foreign direct investment patterns where horizontal as opposed to vertical FDI dominates. Mode of access: Internet Bogmans, Christian. Selod, Harris. IMF Working Papers; Working Paper ; No. 2018/145 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/145/001.2018.issue-145-en.xml IMF e-Library