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Secured Transactions Laws and Economic Development on American Indian Reservations

Author

Listed:
  • Christian Dippel
  • Donna Feir
  • Bryan Leonard
  • Marc Roark

Abstract

Harmonized commercial laws are considered an essential ingredient to commerce and trade and have been called the backbone of American commerce. Key components of these laws are those governing secured transactions. In recent years, Native American tribal governments have moved to adopt commercial codes to increase economic development on their reservations, but many have modified these codes to address challenges to tribal sovereignty and culture. This paper compares reservations that adopted modified secured transaction acts to reservations that adopted uniform laws. We demonstrate that reservations can potentially experience substantial economic gains from either form of adoption.

Suggested Citation

  • Christian Dippel & Donna Feir & Bryan Leonard & Marc Roark, 2021. "Secured Transactions Laws and Economic Development on American Indian Reservations," AEA Papers and Proceedings, American Economic Association, vol. 111, pages 248-252, May.
    • Handle: RePEc:aea:apandp:v:111:y:2021:p:248-52
    DOI: 10.1257/pandp.20211102
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    Cited by:

    1. Deininger,Klaus W. & Ali,Daniel Ayalew, 2022. "How Urban Land Titling and Registry Reform Affect Land and Credit Markets : Evidencefrom Lesotho," Policy Research Working Paper Series 10043, The World Bank.

    More about this item

    JEL classification:

    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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