Property Rights and Economic Development
Timothy Besley () and
Maitreesh Ghatak ()
Chapter Chapter 68 in Handbook of Development Economics, 2010, vol. 5, pp 4525-4595 from Elsevier
This chapter develops a unified analytical framework, drawing on and extending the existing literature on the subject, for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and economic activity. (i) What are the mechanisms through which property rights affect economic activity? (ii) What are the determinants of property rights? In answering these, it surveys some of the main empirical and theoretical ideas from the extensive literature on the topic.
Keywords: property rights; investment incentives; economic development (search for similar items in EconPapers)
JEL-codes: H21 O12 O17 P48 Q15 (search for similar items in EconPapers)
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Working Paper: Property Rights and EconomicDevelopment (2009)
Working Paper: Property Rights and Economic Development (2009)
Working Paper: Property rights and economic development (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:devchp:v:5:y:2010:i:c:p:4525-4595
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