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Property Rights and Economic Development

Timothy Besley () and Maitreesh Ghatak ()

No 7243, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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. This paper will form a chapter for Volume V of the Handbook of Development Economics edited by Dani Rodrik and Mark Rosenzweig

Keywords: Economic Development; Property rights (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-law and nep-pke
Date: 2009-03
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Chapter: Property Rights and Economic Development (2010) Downloads
Working Paper: Property Rights and EconomicDevelopment (2009) Downloads
Working Paper: Property rights and economic development (2009) Downloads
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