Land Property Rights and Resource Allocation
综述了土地产权对投资、生产力和收入影响的实证研究,发现确权促进投资但信贷渠道作用有限,农村地区效果显著,城市收入影响证据不一,且土地确权可能改变家庭结构促进人力资本积累。
In this paper, we review the most significant empirical literature on the causal effects of land property rights. The literature indicates that secure property rights boost investment in both rural and urban areas. These effects, however, do not appear to be the result of improved credit conditions. In rural areas, clear land rights also lead to increases in productivity and farm earnings. In contrast, for urban areas, the evidence for an effect on earnings is mixed. We find little empirical evidence to suggest that land-titling programs enhance the development of land markets. Finally, some evidence suggests that land titling induces changes in household structure that foster human capital accumulation and may help to increase the incomes of future generations.