Property Rights and Investment Incentives: Theory and Evidence from Ghana
作者： Timothy Besley
DOI: 10.1086/262008
关键词: Security of tenure 、 Land titling 、 Public economics 、 Empirical evidence 、 Land rights 、 Collateral 、 Economics 、 Investment incentives 、 Microeconomics 、 Property rights 、 Gains from trade
摘要: This paper examines the link between property rights and investment incentives. I develop three theoretical arguments based on security of tenure, using land as collateral obtaining gains from trade. The then presents empirical evidence two regions in Ghana. investigate possibility that are endogenous, with farmers making improvements to enhance their rights. Finally, suggest tests for which theories might explain results.
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