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Compensation and the Abandoned Property of the 1948 Palestinian Refugees: Assessment and Implications

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  • Frank D Lewisf

    ()
    (Queen's University)

Abstract

This paper extends the analysis of "Agricultural Property and the 1948 Palestinian Refugees: Assessing the Loss" (Lewis 1996) to non-agricultural property. The estimate is based mainly on the area of urban property abandoned by refugees, where valuations are based on contemporary transfer prices, tax payable on the property, and inferences about rent. The amounts are much higher than those derived by the United Nations Conciliation Commission in 1951. Still the total implied by this paper and (Lewis 1996) is such that if Israel were to pay the overall loss as compensation, the transfers are unlikely to have a serious impact on their economy

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File URL: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_1117.pdf
File Function: First version 2006
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Bibliographic Info

Paper provided by Queen's University, Department of Economics in its series Working Papers with number 1117.

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Length: 36 pages
Date of creation: Dec 2006
Date of revision:
Publication status: Forthcoming in Explorations in Economic History
Handle: RePEc:qed:wpaper:1117

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Keywords: Palestine;

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  1. Michael B. Devereux & Gregor W. Smith, 2004. "Transfer Problem Dynamics: Macroeonomics of the Franco-Prussian War Indemnity," Working Papers 022004, Hong Kong Institute for Monetary Research.
  2. Brakman,Steven & Marrewijk,Charles van, 1998. "The Economics of International Transfers," Cambridge Books, Cambridge University Press, number 9780521572149, October.
  3. Lewis, Frank D., 1996. "Agricultural Property and the 1948 Palestinian Refugees: Assessing the Loss," Explorations in Economic History, Elsevier, vol. 33(2), pages 169-194, April.
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