The Political Economy of Land Privatization in Argentina and Australia, 1810-1850

Alan Dye () and Sumner La Croix
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Alan Dye: Barnard College, Columbia University

No 201207, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: This paper compares public land privatization in New South Wales and the Province of Buenos Aires,in the early nineteenth century. Both claimed frontier lands as public lands for raising revenue. New South Wales failed to enforce its claim. Property rights originated as de facto squatters’ claims, which government subsequently accommodated and enforced as de jure property rights. In Buenos Aires, by contrast, original transfers of public lands were specified de jure by government. The paper develops a model that explains these differences as a consequence of violence and the relative cost of enforcement of government claims to public land.

Pages: 48 pages
Date: 2012-05-03
New Economics Papers: this item is included in nep-his
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Citations: View citations in EconPapers (2)

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http://www.economics.hawaii.edu/research/workingpapers/WP_12-7.pdf First version, 2012 (application/pdf)

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