Tenure security and land-related investment: Evidence from Ethiopia

被引:325
作者
Deininger, Klaus [1 ]
Jin, Songqing [1 ]
机构
[1] World Bank, Dev Res Grp, Washington, DC 20433 USA
关键词
property rights; investment; Ethiopia; land tenure;
D O I
10.1016/j.euroecorev.2005.02.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
We use a large data set from Ethiopia that differentiates tenure security and transferability to explore determinants of different types of land-related investment and its possible impact on productivity. While we find some support for endogeneity of investment in trees. this is not the case for terraces. Transfer rights are unambiguously investment-enhancing. The large productivity effect of terracing implies that. even where households undertake investments to increase their tenure security, the level of such investment may be below the social optimum. In Ethiopia, government action to increase tenure security and transferability of land rights can significantly enhance rural investment and productivity. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:1245 / 1277
页数:33
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