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Insecurity of property rights and matching in land rental markets in Latin America.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Insecurity of property rights and matching in land rental markets in Latin America.
Author:	Macours, Karen.
Description:	142 p.
Notes:	Chairs: Alain de Janvry; Elisabeth Sadoulet.
Notes:	Source: Dissertation Abstracts International, Volume: 64-09, Section: A, page: 3402.
Contained By:	Dissertation Abstracts International64-09A.
Subject:	Economics, Agricultural.
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3105305
ISBN:	0496528726

Insecurity of property rights and matching in land rental markets in Latin America.
Macours, Karen.

Insecurity of property rights and matching in land rental markets in Latin America. [electronic resource] - 142 p.

Chairs: Alain de Janvry; Elisabeth Sadoulet.

Thesis (Ph.D.)--University of California, Berkeley, 2003.

The first essay shows that insecurity of property rights in the Dominican Republic not only reduces the level of activity on the land rental market, but also causes market segmentation along socio-economic lines, severely limiting access to land for the rural poor. The results show the importance of having a minimum endowment of assets to gain access to land in the rental market. Simulations suggest that increasing both tenure security and the capital endowment of the potential tenants would increase the total area rented to the poor by 81%.

ISBN: 0496528726Subjects--Topical Terms:

212485
Economics, Agricultural.

Insecurity of property rights and matching in land rental markets in Latin America.
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100 0 $a Macours, Karen. $3 227217
245 1 0 $a Insecurity of property rights and matching in land rental markets in Latin America. $h [electronic resource]
300 $a 142 p.
500 $a Chairs: Alain de Janvry; Elisabeth Sadoulet.
500 $a Source: Dissertation Abstracts International, Volume: 64-09, Section: A, page: 3402.
502 $a Thesis (Ph.D.)--University of California, Berkeley, 2003.
520 # $a The first essay shows that insecurity of property rights in the Dominican Republic not only reduces the level of activity on the land rental market, but also causes market segmentation along socio-economic lines, severely limiting access to land for the rural poor. The results show the importance of having a minimum endowment of assets to gain access to land in the rental market. Simulations suggest that increasing both tenure security and the capital endowment of the potential tenants would increase the total area rented to the poor by 81%.
520 # $a The second essay compares the informational content of data collected through a direct household survey with data collected on the same households with the indirect survey methodology that relies on local public knowledge and key informants. The results show that the level of agreement between the direct and indirect data is relatively large. There is some evidence of attribution error by informants, particularly on the less visible household characteristics. The results provide evidence of systematic under- and over-reporting of asset ownership in the direct survey by households that are less exposed to outside contacts.
520 # $a The third essay analyzes how contract enforcement problems in a period of high ethnic tensions affect the joint decision of partner and contract choice by landlords in Guatemala. Insecurity of property rights is found to induce renting within the same ethnic group. However, partner choice is found to be less restrictive when land-labor contracts are interlinked. The results provide evidence on the importance of search costs for partner choice.
520 # $a This dissertation, divided in three essays, analyzes how property rights insecurity affects households' decisions regarding participation, and their choice of partner and contract in land rental markets in Latin America. The main contribution of this dissertation is the empirical strategy used that enables analyzing matching between landlords and tenants, allowing for two-sided utility maximization and competition in the market. The estimations use data that I collected using an indirect survey methodology that allows observing the market universe. The results provide micro-econometric evidence on how property rights insecurity might affect growth and development.
590 $a School code: 0028.
650 # 0 $a Economics, Agricultural. $3 212485
650 # 0 $a Economics, General. $3 212429
710 0 # $a University of California, Berkeley. $3 212474
773 0 # $g 64-09A. $t Dissertation Abstracts International
790 $a 0028
790 1 0 $a Sadoulet, Elisabeth, $e advisor
790 1 0 $a de Janvry, Alain, $e advisor
791 $a Ph.D.
792 $a 2003
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