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opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using …-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10010522234
assessed. Using detailed plot-level data from rural Pakistan, we find that non-contractible investment is underprovided on … in investment effort alone cannot explain this inefficiency. Instead, imperfect commitment appears to be the driving … mechanism, since even plots taken on fixed rent contracts where all the rent is paid upfront receive lower investment than owner …
Persistent link: https://www.econbiz.de/10012562711
This study is conducted to find out the factors contributing towards Investment Inertia among Investors in Pakistan in … secondary data was taken from State Bank of Pakistan's “Handbook of Statistics of Pakistan Economy 2015”. The Investment pattern … in Pakistan are making more investment in Gold (a dead Investment) as its price is continuously increasing showing a …
Persistent link: https://www.econbiz.de/10012918431
opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using …-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10012553651
-attribution in the Lahore Stock Exchange market as a predictor of investment decisions in terms of age, gender, education level, and …
Persistent link: https://www.econbiz.de/10012832096
opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using …-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing … market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure …
Persistent link: https://www.econbiz.de/10012748102
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