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来源类型Working Paper
规范类型报告
DOI10.3386/w27750
来源IDWorking Paper 27750
Property Rights to Land and Agricultural Organization: An Argentina-United States Comparison
Eric C. Edwards; Martin Fiszbein; Gary D. Libecap
发表日期2020-08-31
出版年2020
语种英语
摘要The contributions of Harold Demsetz offer key insights on how property rights and transaction costs shape economic organization. This guides our comparison of agricultural organization in two comparable regions, the Argentine Pampas and the US Midwest. In the US, land was distributed in small parcels and actively traded. In the Pampas, land was distributed in large plots and trade was limited because land was a social and political asset as well as commercial. We analyze why this led to persistently larger farms, specialization in ranching, and peculiar tenancy contracts in Argentina, relative to the US. Our empirical analysis, based on county-level data for both regions, shows that geo-climatic factors cannot explain the observed differences in agricultural organization. We discuss implications for long-term economic development in Argentina.
主题Other ; Law and Economics ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; History ; Financial History ; Other History ; Development and Growth ; Development ; Environmental and Resource Economics ; Agriculture
URLhttps://www.nber.org/papers/w27750
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/585422
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Eric C. Edwards,Martin Fiszbein,Gary D. Libecap. Property Rights to Land and Agricultural Organization: An Argentina-United States Comparison. 2020.
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