IDEAS home Printed from https://ideas.repec.org/p/wbk/wbrwps/2752.html
   My bibliography  Save this paper

Investment and income effects of land regularization : the case of Nicaragua

Author

Listed:
  • Deininger, Klaus
  • Chamorro, Juan Sebastian

Abstract

The authors use data from Nicaragua to examine the impact of the award of registered and nonregistered title on land values and on investments attached to land. They find that receipt of registered title increases land values by 30 percent and greatly increases the propensity to invest, bringing investment closer to the optimum. Consistent with descriptive statistics indicating great demand for regularization of land rights, especially from the poor, this finding suggests that titling can have a positive distributional effect. Of overriding importance, however, are the legal validity and official recognition of the titles issued.

Suggested Citation

  • Deininger, Klaus & Chamorro, Juan Sebastian, 2002. "Investment and income effects of land regularization : the case of Nicaragua," Policy Research Working Paper Series 2752, The World Bank.
    • Handle: RePEc:wbk:wbrwps:2752
    as

    Download full text from publisher

    File URL: http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2002/02/16/000094946_02020204230312/Rendered/PDF/multi0page.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Andre, Catherine & Platteau, Jean-Philippe, 1998. "Land relations under unbearable stress: Rwanda caught in the Malthusian trap," Journal of Economic Behavior & Organization, Elsevier, vol. 34(1), pages 1-47, January.
    2. Migot-Adholla, Shem, et al, 1991. "Indigenous Land Rights Systems in Sub-Saharan Africa: A Constraint on Productivity?," The World Bank Economic Review, World Bank, vol. 5(1), pages 155-175, January.
    3. Alston, Lee J & Libecap, Gary D & Schneider, Robert, 1996. "The Determinants and Impact of Property Rights: Land Titles on the Brazilian Frontier," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 12(1), pages 25-61, April.
    4. Bromley, Daniel W., 1989. "Property relations and economic development: The other land reform," World Development, Elsevier, vol. 17(6), pages 867-877, June.
    5. Brasselle, Anne-Sophie & Gaspart, Frederic & Platteau, Jean-Philippe, 2002. "Land tenure security and investment incentives: puzzling evidence from Burkina Faso," Journal of Development Economics, Elsevier, vol. 67(2), pages 373-418, April.
    6. Atwood, David A., 1990. "Land registration in Africa: The impact on agricultural production," World Development, Elsevier, vol. 18(5), pages 659-671, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Daniel Domeher & Raymond Abdulai, 2012. "Land registration, credit and agricultural investment in Africa," Agricultural Finance Review, Emerald Group Publishing, vol. 72(1), pages 87-103, March.
    2. Ana C Rostran Molina & Anindya Banerjee & Federico Lampis, 2015. "Micro-Finance and Credit Access in the Agricultural Sector of Nicaragua," Discussion Papers 15-04, Department of Economics, University of Birmingham.
    3. Daniel Ayalew Ali & Stefan Dercon & Madhur Gautam, 2011. "Property rights in a very poor country: tenure insecurity and investment in Ethiopia," Agricultural Economics, International Association of Agricultural Economists, vol. 42(1), pages 75-86, January.
    4. Deininger, Klaus & Jin, Songqing, 2006. "Tenure security and land-related investment: Evidence from Ethiopia," European Economic Review, Elsevier, vol. 50(5), pages 1245-1277, July.
    5. Nakasone, Eduardo, 2011. "The impact of land titling on labor allocation: Evidence from rural Peru," IFPRI discussion papers 1111, International Food Policy Research Institute (IFPRI).
    6. Daniel Domeher & Raymond Abdulai & Eric Yeboah, 2016. "Secure property right as a determinant of SME’s access to formal credit in Ghana: dynamics between Micro-finance Institutions and Universal Banks," Journal of Property Research, Taylor & Francis Journals, vol. 33(2), pages 162-188, April.
    7. Klaus Deininger & Daniel Ayalew Ali & Takashi Yamano, 2008. "Legal Knowledge and Economic Development: The Case of Land Rights in Uganda," Land Economics, University of Wisconsin Press, vol. 84(4), pages 593-619.
    8. Klaus Deininger & Songqing Jin, 2008. "Land Sales and Rental Markets in Transition: Evidence from Rural Vietnam," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 70(1), pages 67-101, February.
    9. World Bank, 2004. "Drivers of Sustainable Rural Growth and Poverty Reduction in Central America : Nicaragua Case Study, Volume 1. Executive Summary and Main Text," World Bank Publications - Reports 14554, The World Bank Group.
    10. Deininger, Klaus & Songqing Jin & Adenew, Berhanu & Gebre-Selassie, Samuel & Demeke, Mulat, 2003. "Market and non-market transfers of land in Ethiopia - implications for efficiency, equity, and non-farm development," Policy Research Working Paper Series 2992, The World Bank.
    11. Siegel, Paul B., 2005. "Using an asset-based approach to identify drivers of sustainable rural growth and poverty reduction in Central America : a conceptual framework," Policy Research Working Paper Series 3475, The World Bank.
    12. David Clark, 2005. "Towards a Unified Framework for Understanding the Depth, Breadth and Duration of Poverty," Economics Series Working Papers GPRG-WPS-020, University of Oxford, Department of Economics.
    13. Wang, Qian & Qiu, Junjie & Yu, Jin, 2019. "Impact of farmland characteristics on grain costs and benefits in the North China Plain," Land Use Policy, Elsevier, vol. 80(C), pages 142-149.
    14. Oladehinde, Gbenga John & Olayiwola, Lasun Mykail & Popoola, Kehinde Olayinka, 2024. "Security of land tenure: A comparative analysis among sub-ethnic groups in rural communities of Oyo State, Nigeria," Land Use Policy, Elsevier, vol. 138(C).
    15. 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.
    16. Muawanah, Umi, 2015. "Does Land Conflict Matter to Farm Productivity? A Case Study of Cambodia," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 15(2), December.
    17. World Bank, 2012. "Women's Economic Empowerment in Latin America and the Caribbean : Policy Lessons from the World Bank Gender Action Plan," World Bank Publications - Reports 16509, The World Bank Group.
    18. de Laiglesia, Juan R., 2005. "Investment and credit effects of land titling and registration:," Proceedings of the German Development Economics Conference, Kiel 2005 10, Verein für Socialpolitik, Research Committee Development Economics.
    19. Weldesilassie, Alebel B. & B.Worku, Genanew, 2022. "Managing urban land markets in Africa: Valuation, performance and policy implication," Land Use Policy, Elsevier, vol. 114(C).
    20. Yuepeng Zhou & Satish Chand, 2013. "Regression and Matching Estimates of the Effects of the Land Certification Program on Rural Household Income in China," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 2, October.
    21. Paavo Monkkonen, 2012. "The Demand for Land Regularisation: Theory and Evidence from Tijuana, Mexico," Urban Studies, Urban Studies Journal Limited, vol. 49(2), pages 271-288, February.
    22. Klaus Deininger, 2002. "Agrarian reforms in Eastern European countries: lessons from international experience," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(7), pages 987-1003.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mwesigye, Francis & Matsumoto, Tomoya, 2016. "The Effect of Population Pressure and Internal Migration on Land Conflicts: Implications for Agricultural Productivity in Uganda," World Development, Elsevier, vol. 79(C), pages 25-39.
    2. Place, Frank & Swallow, Brent M., 2000. "Assessing the relationships between property rights and technology adoption in smallholder agriculture: a review of issues and empirical methods," CAPRi working papers 2, International Food Policy Research Institute (IFPRI).
    3. Francis Mwesigye & Tomoya Matsumoto, 2013. "Rural-rural Migration and Land Conflicts: Implications on Agricultural Productivity in Uganda," GRIPS Discussion Papers 13-17, National Graduate Institute for Policy Studies.
    4. Bellemare, Marc F., 2010. "The Productivity Impacts of de Jure and de Facto Land Rights," MPRA Paper 23639, University Library of Munich, Germany.
    5. Thomas Vendryes, 2014. "Peasants Against Private Property Rights: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 971-995, December.
    6. Daniel Ayalew Ali & Stefan Dercon & Madhur Gautam, 2011. "Property rights in a very poor country: tenure insecurity and investment in Ethiopia," Agricultural Economics, International Association of Agricultural Economists, vol. 42(1), pages 75-86, January.
    7. Ali, Daniel Ayalew & Deininger, Klaus & Goldstein, Markus, 2014. "Environmental and gender impacts of land tenure regularization in Africa: Pilot evidence from Rwanda," Journal of Development Economics, Elsevier, vol. 110(C), pages 262-275.
    8. Ghebru, Hosaena, 2015. "Is There a Merit to the Continuum Tenure Approach? A Case of Demand for Land Rights Formulation in Rural Mozambique," 2015 Conference, August 9-14, 2015, Milan, Italy 211683, International Association of Agricultural Economists.
    9. Máximo Torero & Erica Field, 2005. "Impact of Land Titles over Rural Households," OVE Working Papers 0705, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
    10. Jayne, T. S. & Yamano, Takashi & Weber, Michael T. & Tschirley, David & Benfica, Rui & Chapoto, Antony & Zulu, Ballard, 2003. "Smallholder income and land distribution in Africa: implications for poverty reduction strategies," Food Policy, Elsevier, vol. 28(3), pages 253-275, June.
    11. 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.
    12. Deininger, Klaus & Chamorro, Juan Sebastian, 2004. "Investment and equity effects of land regularisation: the case of Nicaragua," Agricultural Economics, Blackwell, vol. 30(2), pages 101-116, March.
    13. Séogo, Windinkonté & Zahonogo, Pam, 2023. "Do land property rights matter for stimulating agricultural productivity? Empirical evidence from Burkina Faso," Land Use Policy, Elsevier, vol. 125(C).
    14. Hanan Jacoby & Bart Minten, 2006. "Land Titles, Investment, and Agricultural Productivity in Madagascar : A Poverty and Social Impact Analysis," World Bank Publications - Reports 12661, The World Bank Group.
    15. Carrie B. Kerekes & Claudia R. Williamson, 2010. "Propertyless in Peru, Even with a Government Land Title," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(3), pages 1011-1033, July.
    16. Tankari, Mahamadou Roufahi, 2015. "Action Levers For A Sustainable Farmland Management In Niger," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 3(4), pages 1-12, October.
    17. Deininger, Klaus & Jin, Songqing, 2006. "Tenure security and land-related investment: Evidence from Ethiopia," European Economic Review, Elsevier, vol. 50(5), pages 1245-1277, July.
    18. Francis Mwesigye & Tomoya Matsumoto & Keijiro Otsuka, 2014. "Population Pressure, Rural-to-Rural Migration and Evolution of Land Tenure Institutions: The Case of Uganda," GRIPS Discussion Papers 14-09, National Graduate Institute for Policy Studies.
    19. Castañeda Dower, Paul & Pfutze, Tobias, 2013. "Specificity of control: The case of Mexico's ejido reform," Journal of Economic Behavior & Organization, Elsevier, vol. 91(C), pages 13-33.
    20. Marc F. Bellemare, 2013. "The Productivity Impacts of Formal and Informal Land Rights: Evidence from Madagascar," Land Economics, University of Wisconsin Press, vol. 89(2), pages 272-290.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:2752. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Roula I. Yazigi (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.