Property Rights Institutions and Investment

dc.creatorSaleh, Jahangir
dc.date2013-06-24T14:06:33Z
dc.date2013-06-24T14:06:33Z
dc.date2004-05
dc.date.accessioned2026-07-01T01:29:43Z
dc.descriptionThis paper examines the channels through which alternative property rights institutions affect investment. These institutions are defined by a society's enforced laws, regulations, governance mechanisms and norms concerning the use of resources. A transaction cost framework is used to analyze the incentive impact of various types of property rights, liability rules, and rules regarding contracts. This framework is used to discuss the legal and cultural conditions necessary for the formation of productivity-enhancing organizations and the proper role of government in providing the infrastructure for private investment. A brief section examines the role of cultural and religious norms in determining the economic effectiveness of legal systems, with a focus on Islamic countries. The final section evaluates empirical approaches used to discover the specific ways property rights structures affect investment and growth.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2004/05/5138710/property-rights-institutions-investment
dc.identifierhttps://hdl.handle.net/10986/14135
dc.identifierhttps://doi.org/10.1596/1813-9450-3311
dc.identifier.urihttp://hdl.handle.net/123456789/418603
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relationPolicy Research Working Paper;No.3311
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADVERSE SELECTION
dc.subjectAQUIFERS
dc.subjectASSETS
dc.subjectBANKRUPTCY
dc.subjectBARGAINING
dc.subjectBARGAINING POWER
dc.subjectBORROWING
dc.subjectCOMMON PROPERTY
dc.subjectCOMMON PROPERTY RESOURCES
dc.subjectCOMPENSATION
dc.subjectCOMPETITIVE MARKETS
dc.subjectCONSERVATION
dc.subjectCONTRACTUAL ARRANGEMENTS
dc.subjectCOOPERATIVE AGREEMENTS
dc.subjectCRAFTSMEN
dc.subjectDAMAGES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISTRIBUTION OF WEALTH
dc.subjectECONOMIC CIRCUMSTANCES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMICS
dc.subjectECONOMIES OF SCALE
dc.subjectEFFICIENT OUTCOMES
dc.subjectENFORCEMENT MECHANISMS
dc.subjectENTITLEMENTS
dc.subjectEQUILIBRIUM
dc.subjectEXPECTED RETURNS
dc.subjectEXTERNAL COSTS
dc.subjectEXTERNALITY
dc.subjectFISHERIES
dc.subjectGOVERNMENT REGULATION
dc.subjectGOVERNMENT REGULATIONS
dc.subjectHOUSEHOLDS
dc.subjectINCENTIVE PROBLEMS
dc.subjectINCOME
dc.subjectINCREASING RETURNS
dc.subjectINNOVATION
dc.subjectINSURANCE
dc.subjectINTELLECTUAL PROPERTY RIGHTS
dc.subjectLANDS
dc.subjectLOCAL COMMONS
dc.subjectMARGINAL BENEFITS
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL VALUE
dc.subjectMARKET ECONOMIES
dc.subjectMARKET FAILURES
dc.subjectMORAL HAZARD
dc.subjectNATURAL MONOPOLIES
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectOIL
dc.subjectOIL RESERVES
dc.subjectOPEN ACCESS
dc.subjectOPEN ACCESS RESOURCES
dc.subjectPOLLUTION
dc.subjectPOTENTIAL EFFECTS
dc.subjectPRIVATE OWNERSHIP
dc.subjectPRIVATE PROPERTY
dc.subjectPRIVATE PROPERTY RIGHTS
dc.subjectPRODUCTION ACTIVITIES
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPROPERTY VALUES
dc.subjectPUBLIC GOODS
dc.subjectRESOURCE ALLOCATION
dc.subjectRESOURCE USE
dc.subjectSOCIAL BENEFITS
dc.subjectSOCIAL COSTS
dc.subjectSUBTRACTABILITY
dc.subjectTAXATION
dc.subjectTRAGEDY OF THE COMMONS
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectWEALTH
dc.subjectWELFARE FUNCTION
dc.titleProperty Rights Institutions and Investment

Archivos

Colecciones