We study a fundamental institution in many societies: the structure of property rights over land. Across societies …, communal land rights have been more common than private land rights. We test the hypothesis that longer fallow requirements … - the time needed to leave land uncultivated to restore fertility - led to a higher prevalence of communal property rights …

Florida land boom of the mid-1920s, the U.S.' first housing boom in which buyers from around the nation participated …

We provide estimates of the impact of restrictive residential land use environments on the price of land across major … American housing markets. Using micro data on vacant land purchased to develop single family housing, we implement a new … empirical strategy for estimating so-called 'zoning taxes' - the amount by which land prices are bid up due to supply side …

weak outsider property rights enforcement in Russia. Keywords: institutional environment and internal labor market …

alternative channels through which privatization promotes restructuring. Restructuring is measured as capital renovation, change …

series on wage/rental ratios, land/labor ratios, the terms of trade, and other explanatory variables for: Argentina, Burma …

Japan has seen episodes in which boom and bust in land prices is accompanied by boom and bust in business fixed … investment. We develop a model that includes land in the production function. We show that in this model movements in land prices … between land and capital is greater than one. We then estimate an aggregate investment function. Consistent with an elasticity …

model where an unequal distribution of land quality in presence of trade opportunities conferred differential gains from …