Does insecure land tenure deter investment? Evidence from a randomized controlled trial
Heather Huntington and
Ajay Shenoy
Journal of Development Economics, 2021, vol. 150, issue C
Abstract:
There is broad agreement among the most prominent observational studies that tenure insecurity deters investment. We present new experimental evidence testing this proposition: a land certification program randomized across villages in Zambia. Our results contradict the consensus. Though the intervention improved perceptions of tenure security, it had no impact on investment in the following season. The impact is still zero even after a cross-randomized agroforestry extension relaxes financial and technical constraints to agroforestry investment. Though relaxing these constraints has a direct effect, it is not enhanced by granting land tenure, implying tenure insecurity had not been a barrier to investment.
Keywords: P48; O13 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304387821000110
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:deveco:v:150:y:2021:i:c:s0304387821000110
DOI: 10.1016/j.jdeveco.2021.102632
Access Statistics for this article
Journal of Development Economics is currently edited by M. R. Rosenzweig
More articles in Journal of Development Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().