PROPERTY-RIGHTS AND INVESTMENT INCENTIVES - THEORY AND EVIDENCE FROM GHANA

被引:912
作者
BESLEY, T
机构
关键词
D O I
10.1086/262008
中图分类号
F [经济];
学科分类号
02 ;
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 and obtaining gains from trade. The paper then presents empirical evidence from two regions in Ghana. I investigate the possibility that rights are endogenous, with farmers making improvements to enhance their land rights. Finally, I suggest tests for which of the theories might explain the results.
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页码:903 / 937
页数:35
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