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Does the distribution of land rights affect the choice of contractible techniques? I present evidence suggesting that Nicaraguan farmers are more likely to grow effort-intensive crops on owned rather than on rented plots. I consider two theoretical arguments that illustrate why property rights...
Persistent link: https://www.econbiz.de/10010928686
This paper investigates how corruption affects firrm behavior. Firms can engage in two types of corruption when seeking a public service: cost-reducing "collusive" corruption and cost increasing "coercive" corruption. Using an original and unusually rich dataset on bribe payments at ports...
Persistent link: https://www.econbiz.de/10010745127
We show that the effect of eviction threats on unobservable investment effort can be positive. We demonstrate this … apparently counter-intuitive result in a model of tenancy where investment by a tenant in the current period raises the chances … attractive for him to elicit investment effort. However, there is a direct negative effect of eviction threats on the tenant …
Persistent link: https://www.econbiz.de/10010746221
This paper analyzes the role of public and private responsibility in the provision of public goods. We emphasize that a typical public good will require many different inputs which raises the possibility of partnerships to exploit comparative advantages of different parties. But hold-up problems...
Persistent link: https://www.econbiz.de/10011071469
lowered investment, employment, productivity and output in registered manufacturing. Regulating in a pro-worker direction is …
Persistent link: https://www.econbiz.de/10010928668
Social identity is increasingly accepted as a key concept underpin- ning the endogeneity of economic behaviour and preferences. This feature is especially important in explaining redistribution preferences as well as attitudes towards redistribution and pro-social behaviour. This paper carries...
Persistent link: https://www.econbiz.de/10010745365
Lack of access to finance is often cited as a key reason why poor people remain poor. This paper uses data on the Indian rural branch expansion program to provide empirial evidence on this issue. Between 1977 and 1990, the Indian Central Bank mandated that a commercial bank can open a branch in...
Persistent link: https://www.econbiz.de/10010745415
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...
Persistent link: https://www.econbiz.de/10010745450
This paper explores the consequences of creating and improving property rights so that fixed assets can be used as collateral. This has become a cause célèbre of Hernando de Soto whose views are influential in debates about policy reform concerning property rights. Hence, we refer to the...
Persistent link: https://www.econbiz.de/10010745725
The composer has historically been at the top of the tree in the music industry; most royalties due to artists flow back to composers/songwriters rather than performers. Over the last few decades, the enactment of stronger performers’ rights has sought to redress this historical imbalance by...
Persistent link: https://www.econbiz.de/10010746437