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How Does Land Title Affect Access to Credit? Empirical Evidence from an Emerging Economy

Author

Listed:
  • Caio Piza

    () (Department of Economics, University of Sussex)

  • Mauricio José Serpa Barros de Moura

    () (International Finance Corporation, World Bank Group)

Abstract

This paper studies the effects property rights on credit access using a unique data set based on a Brazilian land-titling program affecting 85,000 families. The causal role of land title is isolated by comparing two communities in Osasco, where some residential units are allocated titles and others not. Survey data is collected from residents before and after the title granting. In order to estimate land title impact, we have undertaken the Difference-in- Differences methodology. Some of our results suggest that land title increases the access to credit for about 60%. Additionally, land title impact by gender and credit type is presented and also positive.

Suggested Citation

  • Caio Piza & Mauricio José Serpa Barros de Moura, 2011. "How Does Land Title Affect Access to Credit? Empirical Evidence from an Emerging Economy," Working Paper Series 2211, Department of Economics, University of Sussex.
  • Handle: RePEc:sus:susewp:2211
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    File URL: http://www.sussex.ac.uk/economics/documents/wps22-2011-piza.pdf
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    References listed on IDEAS

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    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Land titling and access to credit
      by Economic Logician in Economic Logic on 2011-08-10 18:58:00

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    Cited by:

    1. Julie Litchfield & Caio Piza, 2017. "Estimating the Willingness to Pay for Tenure Security in Brazilian Favelas," Working Paper Series 0117, Department of Economics, University of Sussex.
    2. Mauricio de Moura & Marcos Ribeiro & Caio Piza, 2014. "Are there any distributive effects of land title on labor supply? evidence from Brazil," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-18, December.

    More about this item

    Keywords

    Property Rights; Land Title; Credit; Difference-in-Difference; and Differencein- Differences Matching Estimator;

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply

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