Time to let go of CARP? Not so fast

The following note seeks to clarify the appreciation of data pertaining to agrarian reform as used in the discussion paper “CARP: time to let go” (henceforth Fabella (2014)). Fabella (2014) has three parts: the first part argues that “the cumulative weight of evidence suggests that the hypothesis that in economic terms CARP is a government failure has not been rejected.” The second part offers possible reasons for that failure. The third part concludes, saying it is time to let go.