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This paper formalizes the role of legal infrastructure in economic development in a general equilibrium model with endogenously determined property rights enforcement. It illustrates the mutual importance of property rights protection and market production by the model`s multiplicity of...
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This paper is an attempt to contribute to the literature on the relationship between economic development and democratic institutions. The paper focuses on civil liberties and interprets them in a framework in which there is no dividing line drawn between “civil” and “property” rights....
Persistent link: https://www.econbiz.de/10013050991
This article invokes a concept of ‘community-based individual property rights’ as individual property rights recognized in a communal property system by virtue of community membership. It employs mixed methods, including a comparative analysis that reviews and develops the ‘bundle of...
Persistent link: https://www.econbiz.de/10013244021
This book presents a critical reassessment of theories of property rights, in response to conflicts and competition between different groups, and the state. It does so by taking an institutional political perspective to analyse the structures of property rights, with a focus on a series of case...
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