Narrow search
Showing 1 - 10 of 7,437
Cover Image
The Determinants and Impact of Property Rights : Land Titles on the Brazilian Frontier
Alston, Lee J. - 1996
. The empirical findings support the predictions of the theory regarding the effects of title and investment on land value … effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with … data on the characteristics of the settlers, land tenure, land agencies involved, land values, and investment. We then turn …
Persistent link: https://www.econbiz.de/10012473459
Cover Image
The creation of the rule of law and the legitimacy of property rights : the political and economic consequences of a corrupt privatization
Hoff, Karla Ruth - 2005
"How does the lack of legitimacy of property rights affect the dynamics of the creation of the rule of law? We investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is possible, that those who have "stolen" assets cannot be...
Persistent link: https://www.econbiz.de/10010522421
Cover Image
Producers and Predators
Grossman, Herschel I. - 1999
This paper explores a series of general-equilibrium models in which people can choose to be either producers or predators, and in which producers can allocate their resources either to production or to guarding their production against predators. The analysis shows how the ratio of predators to...
Persistent link: https://www.econbiz.de/10012471640
Cover Image
Citizen Rights and the Cost of Law Enforcement
Reder, Melvin - 1973
There is an inherent tension between the idea that individuals have certain inalienable (natural) rights and the economist's postulate that the rate if utilization of anything whose production requires scarce resources must be limited by considerations of opportunity cost. Remarks about rights...
Persistent link: https://www.econbiz.de/10012479113
Cover Image
Nonrivalry and the Economics of Data
Jones, Charles I. - 2019
Data is nonrival: a person's location history, medical records, and driving data can be used by any number of firms simultaneously. Nonrivalry leads to increasing returns and implies an important role for market structure and property rights. Who should own data? What restrictions should apply...
Persistent link: https://www.econbiz.de/10012480204
Cover Image
Valuation of Long-Term Property Rights under Political Uncertainty
He, Zhiguo - 2020
We empirically analyze pricing of political uncertainty in long-term property rights, guided by a theoretical model of housing assets subject to contract extension in the remote future. To identify exposure to political uncertainty, we exploit a unique variation around land lease extension...
Persistent link: https://www.econbiz.de/10012481213
Cover Image
Breach, Remedies and Dispute Settlement in Trade Agreements
Maggi, Giovanni - 2009
We provide a simple but novel model of trade agreements that highlights the role of transaction costs, renegotiation and dispute settlement. The model allows us to characterize the appropriate remedy for breach and whether the agreement should be structured as a system of "property rights" or...
Persistent link: https://www.econbiz.de/10012463189
Cover Image
Physical Capital, Knowledge Capital and the Choice Between FDI and Outsourcing
Chen, Yongmin - 2008
assets in a single model. The model predicts that foreign direct investment (owned subsidiaries) is more likely than …
Persistent link: https://www.econbiz.de/10012464132
Cover Image
Foreign Influence and Welfare
Antràs, Pol - 2008
How do foreign interests influence the policy determination process? What are the welfare implications of such foreign influence? In this paper we develop a model of foreign influence and apply it to the study of optimal tariffs. We develop a two-country voting model of electoral competition,...
Persistent link: https://www.econbiz.de/10012464516
Cover Image
When Is Quality of Financial System a Source of Comparative Advantage?
Ju, Jiandong - 2008
Does finance follow the real economy, or the other way around? This paper unites the two competing schools of thought in a general equilibrium framework. Our key result is that there are threshold effects defined by a set of deep institutional parameters (cost of financial intermediation,...
Persistent link: https://www.econbiz.de/10012464662