Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia

This article provides evidence from one of the poorest countries in the world that the institutions of property rights matter for efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made...

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Main Authors:	Ali, Daniel Ayalew, Dercon, Stefan, Gautam, Madhur
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Measurement and Analysis of Poverty I320 Property Law K110 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Land Ownership and Tenure Land Reform Land Use Irrigation Agriculture and Environment Q150 Agricultural Policy Food Policy Q180
Online Access:	http://hdl.handle.net/10986/5532

id	okr-10986-5532
recordtype	oai_dc
spelling	okr-10986-55322021-04-23T14:02:22Z Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia Ali, Daniel Ayalew Dercon, Stefan Gautam, Madhur Measurement and Analysis of Poverty I320 Property Law K110 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Land Ownership and Tenure Land Reform Land Use Irrigation Agriculture and Environment Q150 Agricultural Policy Food Policy Q180 This article provides evidence from one of the poorest countries in the world that the institutions of property rights matter for efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made legal, but transfer rights remain restricted and the perception of continuing tenure insecurity remains quite strong. Using a unique panel data set, this study investigates whether transfer rights and implied tenure insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates suggest that limited perceived transfer rights negatively affects the long-term investment in Ethiopian agriculture, contributing to the low returns from land and perpetuating low growth and poverty. 2012-03-30T07:33:17Z 2012-03-30T07:33:17Z 2011 Journal Article Agricultural Economics 01695150 http://hdl.handle.net/10986/5532 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Ethiopia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Measurement and Analysis of Poverty I320 Property Law K110 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Land Ownership and Tenure Land Reform Land Use Irrigation Agriculture and Environment Q150 Agricultural Policy Food Policy Q180
spellingShingle	Measurement and Analysis of Poverty I320 Property Law K110 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Formal and Informal Sectors Shadow Economy Institutional Arrangements O170 Land Ownership and Tenure Land Reform Land Use Irrigation Agriculture and Environment Q150 Agricultural Policy Food Policy Q180 Ali, Daniel Ayalew Dercon, Stefan Gautam, Madhur Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
geographic_facet	Ethiopia
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This article provides evidence from one of the poorest countries in the world that the institutions of property rights matter for efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made legal, but transfer rights remain restricted and the perception of continuing tenure insecurity remains quite strong. Using a unique panel data set, this study investigates whether transfer rights and implied tenure insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates suggest that limited perceived transfer rights negatively affects the long-term investment in Ethiopian agriculture, contributing to the low returns from land and perpetuating low growth and poverty.
format	Journal Article
author	Ali, Daniel Ayalew Dercon, Stefan Gautam, Madhur
author_facet	Ali, Daniel Ayalew Dercon, Stefan Gautam, Madhur
author_sort	Ali, Daniel Ayalew
title	Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
title_short	Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
title_full	Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
title_fullStr	Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
title_full_unstemmed	Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia
title_sort	property rights in a very poor country: tenure insecurity and investment in ethiopia
publishDate	2012
url	http://hdl.handle.net/10986/5532
_version_	1764395389990993920

Property Rights in a Very Poor Country: Tenure Insecurity and Investment in Ethiopia

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