Property Rights without Transfer Rights: A Study of Indian Land Allotment
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https://www.nber.org/papers/w27479
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资源简介:
Governments often institute transferability restrictions over property rights to protect owners and communities, but these restrictions impose costs: lowering property values, limiting investment, and increasing transaction costs. We study the long-run impacts of transferability restrictions using a
各国政府通常会对产权设置可转让性限制,以保护产权所有者与社区群体,但此类限制亦会带来相应成本:降低资产价值、制约投资活动并推高交易成本。本研究旨在探究可转让性限制的长期影响,采用
提供机构:
美国国家经济研究局
创建时间:
2020-07-01



