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Property Rights and EconomicDevelopment

Timothy Besley () and Maitreesh Ghatak ()

STICERD - Economic Organisation and Public Policy Discussion Papers Series from Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

Abstract: This chapter develops a unified analytical framework, drawing on and extending theexisting literature on the subject, for studying the role of property rights in economicdevelopment. It addresses two fundamental and related questions concerning therelationship between property rights and economic activity. (i) What are themechanisms through which property rights affect economic activity? (ii) What arethe determinants of property rights? In answering these, it surveys some of the mainempirical and theoretical ideas from the extensive literature on the topic.

Keywords: Property rights; Economic development. (search for similar items in EconPapers)
JEL-codes: K11 O17 P14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev, nep-his, nep-ipr, nep-pr~ and nep-law
Date: 2009-02
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http://sticerd.lse.ac.uk/dps/eopp/eopp06.pdf (application/pdf)

Related works:
Chapter: Property Rights and Economic Development (2010) Downloads
Working Paper: Property Rights and Economic Development (2009) Downloads
Working Paper: Property rights and economic development (2009) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:cep:stieop:006

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