Large-scale Land Acquisitions (LSLAs), often labeled “land grabs,” are long-term leases of land obtained by private companies. I merge data on the precise locations of 236 LSLAs in Cambodia established between 1996 and 2012 with newly geocoded data from the Cambodian Socio-Economic Surveys to estimate the effects of LSLAs on employment, household spending, and agricultural investment. I find that LSLAs cause a shift away from independent agricultural production towards employment in agricultural labor in adjacent regions. Additionally, I find that LSLAs result in a decline in household spending and little evidence that LSLAs result in local technology adoption.

大型土地收购（LSLA）通常称为“土地抢夺”，是私营公司获得的长期土地租赁。我将1996年至2012年间在柬埔寨建立的236个LSLA的精确位置数据与柬埔寨社会经济调查的最新地理编码数据合并，以估计LSLA对就业，家庭支出和农业投资的影响。我发现最低生活水平协议导致了从独立的农业生产向邻近地区的农业劳动力就业的转变。此外，我发现LSLA导致家庭支出下降，几乎没有证据表明LSLA导致本地技术采用。