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

被引：840
|
作者：
BESLEY, T
机构：
来源：
JOURNAL OF POLITICAL ECONOMY | 1995年 / 103卷 / 05期
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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