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022 _a00222186
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHB73 JOU
100 1 _aGaliani, Sebastian
_eauthor
245 1 0 _aLand Property Rights and Resource Allocation
_ccreated by Sebastian Galiani and Ernesto Schargrodsky
264 _aChicago:
_bUniversity of Chicago Press;
_c2011.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of Law and Economics
_vVolume 54, number 4
520 _aIn this paper, we review the most significant empirical literature on the causal effects of land property rights. The literature indicates that secure property rights boost investment in both rural and urban areas. These effects, however, do not appear to be the result of improved credit conditions. In rural areas, clear land rights also lead to increases in productivity and farm earnings. In contrast, for urban areas, the evidence for an effect on earnings is mixed. We find little empirical evidence to suggest that land-titling programs enhance the development of land markets. Finally, some evidence suggests that land titling induces changes in household structure that foster human capital accumulation and may help to increase the incomes of future generations
650 _aAgricultural land
_vCredit
_xExpropriation
650 _aFinancial investments
_vInvestment credit
_xLand rights
650 _aLand use
_vProperty rights
_xProperty titles
700 _aSchargrodsky, Ernesto
_eco author
856 _uhttps://doi.org/10.1086/661957
942 _2lcc
_cJA
999 _c164244
_d164244