Property Rights and Economic Growth: An Empirical Study
实证分析了产权结构（国有产权程度和任意没收财产）与经济增长的关系，发现任意没收财产对增长有显著负向影响，而国有产权程度的影响虽为负但不显著。
This paper analyzes empirically the relationship between the structure of property rights and economic growth. Two aspects of property rights are taken into consideration: the degree to which property is state owned and the presence of arbitrary seizure of property. The variable measuring state ownership of property is negatively, although insignificantly, related to growth. However, the partial correlation between growth and arbitrary seizure of property is negative and significant. This correlation is robust to changes in the selected control variables. Copyright 1994 by WWZ and Helbing & Lichtenhahn Verlag AG