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Security of Property Rights for Whom?

  • Lawson-Remer, Terra
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    Recent research regarding property rights and economic development often treats property rights security in a country as homogeneous, although protecting the private entitlements of some can entail preventing others from claiming and controlling those same resources. This one-dimensional conception of property rights ignores the significant variation in the risk of expropriation faced by different groups in the same country. Using a new set of indicators that measures the property insecurity of ethnocultural minorities, this study finds that in many countries members of marginalized groups face significantly higher property insecurity than foreign investors and domestic elites, and that although secure property rights for elites and foreign investors may be positively related to long-run development, property rights for marginalized groups are not.

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    Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper WP2011/83.

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    Length: 35
    Date of creation: 2011
    Date of revision:
    Handle: RePEc:unu:wpaper:wp2011-83
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    1. Markus Goldstein & Christopher Udry, 2008. "The Profits of Power: Land Rights and Agricultural Investment in Ghana," Journal of Political Economy, University of Chicago Press, vol. 116(6), pages 981-1022, December.
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    7. Halvor Mehlum & Karl Moene & Ragnar Torvik, 2006. "Institutions and the Resource Curse," Economic Journal, Royal Economic Society, vol. 116(508), pages 1-20, 01.
    8. Acemoglu,Daron & Robinson,James A., 2006. "Economic Origins of Dictatorship and Democracy," Cambridge Books, Cambridge University Press, number 9780521855266.
    9. Field, Erica Marie, 2005. "Property Rights and Investment in Urban Slums," Scholarly Articles 3634150, Harvard University Department of Economics.
    10. Bockstette, Valerie & Chanda, Areendam & Putterman, Louis, 2002. " States and Markets: The Advantage of an Early Start," Journal of Economic Growth, Springer, vol. 7(4), pages 347-69, December.
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