PROTECTION OF PROPERTY RIGHTS AND GROWTH AS POLITICAL EQUILIBRIA
综述产权与经济增长的文献，讨论产权保护不足如何通过多种渠道阻碍增长，并重点分析社会冲突视角的理论与实证研究。
Abstract This paper presents a survey of the literature on property rights and economic growth. Different theoretical mechanisms that relate property rights to economic development are discussed. Lack of protection of property rights can result in slow economic growth through different channels: expropriation of private wealth, corruption of civil servants, excessive taxation and barriers to adoption of new technologies. The origins of property rights are also considered. Different theories are illustrated but more attention is paid to the ‘social conflict view’ and its success and limitations. The second part of the paper illustrates relevant empirical works on property rights and growth.