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Property Rights and Economic Development

  • Besley, Timothy
  • Ghatak, Maitreesh

This chapter develops a unified analytical framework, drawing on and extending the existing literature on the subject, for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and economic activity. (i) What are the mechanisms through which property rights affect economic activity? (ii) What are the determinants of property rights? In answering these, it surveys some of the main empirical and theoretical ideas from the extensive literature on the topic.

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This chapter was published in:
  • Dani Rodrik & Mark Rosenzweig (ed.), 2010. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 5, number 6, January.
  • This item is provided by Elsevier in its series Handbook of Development Economics with number v:5:y:2010:i:c:p:4525-4595.
    Handle: RePEc:eee:devchp:v:5:y:2010:i:c:p:4525-4595
    DOI: 10.1016/B978-0-444-52944-2.00006-9
    Contact details of provider: Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description

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