 The Effect of Ownership Rights on Urban Households' Access to Credit in LahoreMisha Saleem ()
Lahore Journal of Economics, 2011, vol. 16, issue 2, 111-139 Abstract: Land titling and ownership rights have recently been advocated in policy circles as a powerful tool for poverty reduction. The lack of formal titling prevents the use of property as collateral, and hence prevents the capital embedded in these assets from being "unlocked." Some studies show a fairly insignificant relationship between informal loans and property rights, while others indicate a significant positive relationship between formal loans (credit cards, bank loans, etc.) and land ownership. The objective of this article is to look at the impact of owned titled land on formal and informal loans among urban households in Lahore. Here, formal loans are seen in terms of bank loans and credit cards while informal loans are characterized as loans taken from relatives, friends, or local moneylenders. The findings suggest that land ownership has a positive and significant relationship with formal loans but no relationship with either bank loans or informal loans alone. Keywords: Property rights; land ownership; credit access; formal loans; urban households. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:lje:journl:v:16:y:2011:i:2:p:111-139 Access Statistics for this article More articles in Lahore Journal of Economics from Department of Economics, The Lahore School of Economics Contact information at EDIRC. |
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