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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27479 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w27479 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585151 |
推荐引用方式 GB/T 7714 | Christian Dippel,Dustin Frye,Bryan Leonard. Property Rights without Transfer Rights: A Study of Indian Land Allotment. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27479.pdf(1358KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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