The determinants and impact of property rights: land titles on the Brazilian frontier
This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with data on the characteristics of the settlers, land tenure,...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
1996
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
5405 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with data on the characteristics of the settlers, land tenure, land agencies involved, land values, and investment. We then turn to census data from the Brazilian agricultural census from 1940 through 1985, with observations at the municipio (county) level to examine the development of property rights to land in the southern state of Paran during the agricultural boom between 1940 and 1970 and in the Amazon state of Par during the period of rapid migration to the region after 1970. By examining frontiers we can follow the rise in land values, the increase in the demand for title, and the response of government. The empirical findings support the predictions of the theory regarding the effects of title and investment on land value, the role of expected change in value on demand for title, and the contribution of title in promoting investment. Governments, however, have not exactly followed the predictions of the analytical framework in supplying title. Political and bureaucratic factors play an important role in the government response to demands for title. This result suggests that researchers must pay special attention to the complex political process by which property rights are assigned in studying the emergence of tenure institutions. |
| Beschreibung: | 43, [13] S. graph. Darst. |
Internformat
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 5405 | |
| 520 | |a This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with data on the characteristics of the settlers, land tenure, land agencies involved, land values, and investment. We then turn to census data from the Brazilian agricultural census from 1940 through 1985, with observations at the municipio (county) level to examine the development of property rights to land in the southern state of Paran during the agricultural boom between 1940 and 1970 and in the Amazon state of Par during the period of rapid migration to the region after 1970. By examining frontiers we can follow the rise in land values, the increase in the demand for title, and the response of government. The empirical findings support the predictions of the theory regarding the effects of title and investment on land value, the role of expected change in value on demand for title, and the contribution of title in promoting investment. Governments, however, have not exactly followed the predictions of the analytical framework in supplying title. Political and bureaucratic factors play an important role in the government response to demands for title. This result suggests that researchers must pay special attention to the complex political process by which property rights are assigned in studying the emergence of tenure institutions. | ||
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| geographic | Brasilien |
| geographic_facet | Brasilien |
| id | DE-604.BV010770546 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:58:35Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007192839 |
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| physical | 43, [13] S. graph. Darst. |
| publishDate | 1996 |
| publishDateSearch | 1996 |
| publishDateSort | 1996 |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Alston, Lee J. Verfasser aut The determinants and impact of property rights land titles on the Brazilian frontier Lee J. Alston ; Gary D. Libecap ; Robert Schneider Cambridge, Mass. 1996 43, [13] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5405 This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with data on the characteristics of the settlers, land tenure, land agencies involved, land values, and investment. We then turn to census data from the Brazilian agricultural census from 1940 through 1985, with observations at the municipio (county) level to examine the development of property rights to land in the southern state of Paran during the agricultural boom between 1940 and 1970 and in the Amazon state of Par during the period of rapid migration to the region after 1970. By examining frontiers we can follow the rise in land values, the increase in the demand for title, and the response of government. The empirical findings support the predictions of the theory regarding the effects of title and investment on land value, the role of expected change in value on demand for title, and the contribution of title in promoting investment. Governments, however, have not exactly followed the predictions of the analytical framework in supplying title. Political and bureaucratic factors play an important role in the government response to demands for title. This result suggests that researchers must pay special attention to the complex political process by which property rights are assigned in studying the emergence of tenure institutions. Ökonometrisches Modell Farms Valuation Brazil Effect of land titles on Econometric models Right of property Brazil Econometric models Brasilien Libecap, Gary D. 1946- Verfasser (DE-588)121225224 aut Schneider, Robert Verfasser (DE-588)130489816 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5405 (DE-604)BV002801238 5405 http://papers.nber.org/papers/w5405.pdf kostenfrei Volltext |
| spellingShingle | Alston, Lee J. Libecap, Gary D. 1946- Schneider, Robert The determinants and impact of property rights land titles on the Brazilian frontier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Farms Valuation Brazil Effect of land titles on Econometric models Right of property Brazil Econometric models |
| title | The determinants and impact of property rights land titles on the Brazilian frontier |
| title_auth | The determinants and impact of property rights land titles on the Brazilian frontier |
| title_exact_search | The determinants and impact of property rights land titles on the Brazilian frontier |
| title_full | The determinants and impact of property rights land titles on the Brazilian frontier Lee J. Alston ; Gary D. Libecap ; Robert Schneider |
| title_fullStr | The determinants and impact of property rights land titles on the Brazilian frontier Lee J. Alston ; Gary D. Libecap ; Robert Schneider |
| title_full_unstemmed | The determinants and impact of property rights land titles on the Brazilian frontier Lee J. Alston ; Gary D. Libecap ; Robert Schneider |
| title_short | The determinants and impact of property rights |
| title_sort | the determinants and impact of property rights land titles on the brazilian frontier |
| title_sub | land titles on the Brazilian frontier |
| topic | Ökonometrisches Modell Farms Valuation Brazil Effect of land titles on Econometric models Right of property Brazil Econometric models |
| topic_facet | Ökonometrisches Modell Farms Valuation Brazil Effect of land titles on Econometric models Right of property Brazil Econometric models Brasilien |
| url | http://papers.nber.org/papers/w5405.pdf |
| volume_link | (DE-604)BV002801238 |
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