This study examines income dynamics for a panel of households resettled on
former white-owned farms in the aftermath of Zimbabwe's independence. There
are four core findings: (i) over a 13-year period'(1983-96) there has been
an impressive accumulation of assets and a dramatic increase of crop incom
es, (ii) the rise of crop incomes is partly due to asset accumulation bus l
argely to increased asset returns; (iii) differences between households in
initial conditions, such as previous farming experience, have few persisten
t effects; and (iv) income growth has been widely shared, income inequality
has fallen sharply and the largest percentage increases in incomes are rec
orded by households that initially had the lowest incomes.