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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 Business School.
    • 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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    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:

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    2. Kotchikpa Gabriel Lawin & Lota Tamini, 2018. "Droits de propriété foncière et performance des petits producteurs agricoles des pays en développement : une synthèse de la littérature empirique," CIRANO Working Papers 2018s-05, CIRANO.
    3. 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 Business School.

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    More about this item

    Keywords

    Property Rights; Land Title; Credit; Difference-in-Difference; and Differencein- Differences Matching Estimator;
    All these keywords.

    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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