Tenure security and land-related investment - evidence from Ethiopia
Klaus Deininger,
Songqing Jin,
Berhanu Adenew,
Samuel Gebre-Selassie and
Berhanu Nega
No 2991, Policy Research Working Paper Series from The World Bank
Abstract:
The authors use a large data set from Ethiopia that differentiates tenure security and transferability to explore determinants of different types of land-related investment and its possible impact on productivity. While they find some support for endogeneity of investment in trees, this is not the case for terraces. Transfer rights are unambiguously investment-enhancing. The large productivity effect of terracing implies that, even where households undertake investments to increase their tenure security, this may not be socially efficient. In Ethiopia, government action to increase tenure security and transferability of land rights can significantly enhance rural investment and productivity.
Keywords: Land and Real Estate Development; Environmental Economics&Policies; Municipal Housing and Land; Labor Policies; Payment Systems&Infrastructure; Environmental Economics&Policies; Municipal Housing and Land; Banks&Banking Reform; Land and Real Estate Development; Real Estate Development (search for similar items in EconPapers)
Date: 2003-03-31
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (30)
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Related works:
Journal Article: Tenure security and land-related investment: Evidence from Ethiopia (2006) 
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:2991
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