The Political Economy of Land Privatization in Argentina and Australia, 1810-1850: A Puzzle
This paper examines a puzzle regarding public land privatization in New South Wales and the Province of Buenos Aires in the early nineteenth century. Both claimed frontier lands as public lands to raise revenue. New South Wales lost control of the public claim as squatters rushed out and claimed vast tracts of land. Property rights thus originated as de facto squattersâ€™ claims, which government subsequently partially accommodated as de jure property rights. Paradoxically, in Buenos Aires, where de jure property rights were less secure, original transfers of public lands were nonetheless specified de jure by government. The paper develops a model that explains these differences as a consequence of violence and the relative cost of enforcement of government claims to public land.
|Date of creation:||Jul 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.economics.hawaii.edu/
More information through EDIRC
|Order Information:|| Web: http://www.economics.hawaii.edu/research/working.html Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alston, Lee J. & Harris, Edwyna & Mueller, Bernardo, 2012. "The Development of Property Rights on Frontiers: Endowments, Norms, and Politics," The Journal of Economic History, Cambridge University Press, vol. 72(03), pages 741-770, September.
- Alston, Lee J. & Libecap, Gary D. & Mueller, Bernardo, 1999. "A model of rural conflict: violence and land reform policy in Brazil," Environment and Development Economics, Cambridge University Press, vol. 4(02), pages 135-160, May.
- Umbeck, John, 1981. "Might Makes Rights: A Theory of the Formation and Initial Distribution of Property Rights," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 38-59, January.
When requesting a correction, please mention this item's handle: RePEc:hai:wpaper:201311. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Web Technician)
If references are entirely missing, you can add them using this form.