G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w27479
来源IDWorking Paper 27479
Property Rights without Transfer Rights: A Study of Indian Land Allotment
Christian Dippel; Dustin Frye; Bryan Leonard
发表日期2020-07-06
出版年2020
语种英语
摘要Governments often place restrictions on the transferability of property rights to protect property owners from making “mistakes” such as selling their property under value. However, these restrictions entail costs: they reduce the property’s value as collateral in credit markets, limit owners’ ability and incentives to invest in the land, and create various transaction costs that constrain optimal land use. We investigate these costs over the long run, using a natural experiment whereby millions of acres of reservation lands were allotted to Native American households under differing land-titles between 1887–1934. We compare non-transferable land plots to neighboring plots held with full property rights, using fine-grained satellite imagery to study differences in land development and agricultural activity from 1974–today.
主题Labor Economics ; Demography and Aging ; History ; Other History ; Environmental and Resource Economics ; Agriculture
URLhttps://www.nber.org/papers/w27479
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/585151
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GB/T 7714
Christian Dippel,Dustin Frye,Bryan Leonard. Property Rights without Transfer Rights: A Study of Indian Land Allotment. 2020.
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