It is widely believed that land tenure insecurity under a customary tenure system leads to socially inefficient resource allocation. This article demonstrates that land tenure insecurity promotes tree planting, which is inefficient from the private point of view but could be relatively efficient...

It is widely believed that land tenure insecurity under a customary tenure system leads to a socially inefficient resource allocation. This article demonstrates that the practice of granting secure individual ownership to tree planters spurs earlier tree planting, which is inefficient from the...