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Although many African countries have recently embarked on revisions of their land legislations to give recognition to customary arrangements and strengthen women’s rights, few studies assess the actual or potential economic impact of such steps. We use data from Uganda to assess the impact of...
Persistent link: https://www.econbiz.de/10005583204
The potential advantages in flexibility and efficiency of environmental use rights (such as permits and quotas) over prescriptive regulatory approaches have been well surveyed, and are being advocated in New Zealand now as a tool for achieving sustainable development. So why have they not been...
Persistent link: https://www.econbiz.de/10005176939
This paper examines the economic effects of the two dominant land demarcation systems, metes and bounds (MB) and the rectangular system (RS). Under MB property is demarcated by its perimeter as indicated by natural features and human structures and linked to surveys within local political...
Persistent link: https://www.econbiz.de/10004987988
A fundamental aspect of private property is the right to exclude trespassers or squatters. Nonetheless, in all 50 states a trespasser can acquire ownership by continuously occupying a parcel of land until the statutorily set period of limitations runs out. Although these adverse possession...
Persistent link: https://www.econbiz.de/10005038514
Property rights are fundamental to economic analysis. There is, however, no consensus in the economic literature about what property rights are. Economists define them variously and inconsistently, sometimes in ways that deviate from the conventional understandings of legal scholars and judges....
Persistent link: https://www.econbiz.de/10005038542
property rights during the 19th and early 20th centuries to five natural resources, mineral land, timberland, grazing and farm …
Persistent link: https://www.econbiz.de/10005050407
This paper examines the origins and economic effects of the two dominant land demarcation systems: metes and bounds (MB) and the rectangular system (RS). Under MB property is demarcated by its perimeter as indicated by natural features and human structures and linked to surveys within local...
Persistent link: https://www.econbiz.de/10005064830
This paper analyzes the importance of legal property documents in providing tenure security, enhancing agricultural investment incentives and easing access to credit. While theory predicts that better property rights on land can increase investment through increased security, enhanced trade...
Persistent link: https://www.econbiz.de/10005082718
In Vietnam, all lands belong to the state, who assigns usufruct rights to those lands to individuals and households. In 1993, the state gave 20-year usufruct rights to growers of annual crops, and 50-year usufruct rights to growers of perennial crops. In 2013, as the usufruct rights of growers...
Persistent link: https://www.econbiz.de/10011943883
We present a conceptual framework to better understand the interaction between settlement and the emergence of de facto property rights on frontiers prior to governments establishing and enforcing de jure property rights. In this framework, potential rents associated with more exclusivity drives...
Persistent link: https://www.econbiz.de/10005109526