Investment and Income Effects of Land Regularization : The Case of Nicaragua
The authors use data from Nicaragua to examine the impact of the award of registered and nonregistered title on land values and on investments attached to land. They find that receipt of registered title increases land values by 30 percent and grea...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/01/1683376/investment-income-effects-land-regularization-case-nicaragua http://hdl.handle.net/10986/15747 |
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okr-10986-157472021-04-23T14:03:19Z Investment and Income Effects of Land Regularization : The Case of Nicaragua Deininger, Klaus Chamorro, Juan Sebastian LAND TENURE CREDIT MARKETS LAND TITLES DISTRIBUTIONAL IMPACT ACCESS TO CREDIT LAND-BASED ACTIVITIES LAND VALUES AGRICULTURAL PRODUCTIVITY HOUSEHOLD SURVEYS AGRARIAN REFORM AGRARIAN REFORMS AGRICULTURAL PRODUCTION AGRICULTURE ALLOCATIVE EFFICIENCY CAPITALIZATION CASH FLOWS CONCEPTUAL FRAMEWORK DISCOUNT RATES ECONOMIC GROWTH ECONOMIC IMPACT EMPLOYMENT EXCHANGE RATE FORECLOSURE FORESTRY HOUSEHOLDS HOUSING INCOME INSURANCE INVENTORY LAND ACQUISITION LAND CLAIMS LAND OWNERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RIGHTS LAND SALES LAND TENURE LAND TITLING LAND USE LAND VALUES LAWS LEGAL FRAMEWORK LEGISLATION POINTS POLICY ENVIRONMENT POPULATION DENSITIES POVERTY LINE PRESENT VALUE PRIVATE LAND PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY PROPERTY RIGHTS RESOURCE USE SECURE PROPERTY RIGHTS SOIL QUALITY TOPOGRAPHY TRANSACTION COSTS WAGES WELFARE EFFECTS The authors use data from Nicaragua to examine the impact of the award of registered and nonregistered title on land values and on investments attached to land. They find that receipt of registered title increases land values by 30 percent and greatly increases the propensity to invest, bringing investment closer to the optimum. Consistent with descriptive statistics indicating great demand for regularization of land rights, especially from the poor, this finding suggests that titling can have a positive distributional effect. Of overriding importance, however, are the legal validity and official recognition of the titles issued. 2013-09-09T21:44:45Z 2013-09-09T21:44:45Z 2002-01 http://documents.worldbank.org/curated/en/2002/01/1683376/investment-income-effects-land-regularization-case-nicaragua http://hdl.handle.net/10986/15747 English en_US Policy Research Working Paper;No. 2752 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Nicaragua |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
LAND TENURE CREDIT MARKETS LAND TITLES DISTRIBUTIONAL IMPACT ACCESS TO CREDIT LAND-BASED ACTIVITIES LAND VALUES AGRICULTURAL PRODUCTIVITY HOUSEHOLD SURVEYS AGRARIAN REFORM AGRARIAN REFORMS AGRICULTURAL PRODUCTION AGRICULTURE ALLOCATIVE EFFICIENCY CAPITALIZATION CASH FLOWS CONCEPTUAL FRAMEWORK DISCOUNT RATES ECONOMIC GROWTH ECONOMIC IMPACT EMPLOYMENT EXCHANGE RATE FORECLOSURE FORESTRY HOUSEHOLDS HOUSING INCOME INSURANCE INVENTORY LAND ACQUISITION LAND CLAIMS LAND OWNERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RIGHTS LAND SALES LAND TENURE LAND TITLING LAND USE LAND VALUES LAWS LEGAL FRAMEWORK LEGISLATION POINTS POLICY ENVIRONMENT POPULATION DENSITIES POVERTY LINE PRESENT VALUE PRIVATE LAND PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY PROPERTY RIGHTS RESOURCE USE SECURE PROPERTY RIGHTS SOIL QUALITY TOPOGRAPHY TRANSACTION COSTS WAGES WELFARE EFFECTS |
| spellingShingle |
LAND TENURE CREDIT MARKETS LAND TITLES DISTRIBUTIONAL IMPACT ACCESS TO CREDIT LAND-BASED ACTIVITIES LAND VALUES AGRICULTURAL PRODUCTIVITY HOUSEHOLD SURVEYS AGRARIAN REFORM AGRARIAN REFORMS AGRICULTURAL PRODUCTION AGRICULTURE ALLOCATIVE EFFICIENCY CAPITALIZATION CASH FLOWS CONCEPTUAL FRAMEWORK DISCOUNT RATES ECONOMIC GROWTH ECONOMIC IMPACT EMPLOYMENT EXCHANGE RATE FORECLOSURE FORESTRY HOUSEHOLDS HOUSING INCOME INSURANCE INVENTORY LAND ACQUISITION LAND CLAIMS LAND OWNERS LAND OWNERSHIP LAND PRICES LAND PRODUCTIVITY LAND REDISTRIBUTION LAND REFORM LAND RENTAL LAND RIGHTS LAND SALES LAND TENURE LAND TITLING LAND USE LAND VALUES LAWS LEGAL FRAMEWORK LEGISLATION POINTS POLICY ENVIRONMENT POPULATION DENSITIES POVERTY LINE PRESENT VALUE PRIVATE LAND PRODUCERS PRODUCTIVE RESOURCES PRODUCTIVITY PROPERTY RIGHTS RESOURCE USE SECURE PROPERTY RIGHTS SOIL QUALITY TOPOGRAPHY TRANSACTION COSTS WAGES WELFARE EFFECTS Deininger, Klaus Chamorro, Juan Sebastian Investment and Income Effects of Land Regularization : The Case of Nicaragua |
| geographic_facet |
Latin America & Caribbean Nicaragua |
| relation |
Policy Research Working Paper;No. 2752 |
| description |
The authors use data from Nicaragua to
examine the impact of the award of registered and
nonregistered title on land values and on investments
attached to land. They find that receipt of registered title
increases land values by 30 percent and greatly increases
the propensity to invest, bringing investment closer to the
optimum. Consistent with descriptive statistics indicating
great demand for regularization of land rights, especially
from the poor, this finding suggests that titling can have a
positive distributional effect. Of overriding importance,
however, are the legal validity and official recognition of
the titles issued. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Deininger, Klaus Chamorro, Juan Sebastian |
| author_facet |
Deininger, Klaus Chamorro, Juan Sebastian |
| author_sort |
Deininger, Klaus |
| title |
Investment and Income Effects of Land Regularization : The Case of Nicaragua |
| title_short |
Investment and Income Effects of Land Regularization : The Case of Nicaragua |
| title_full |
Investment and Income Effects of Land Regularization : The Case of Nicaragua |
| title_fullStr |
Investment and Income Effects of Land Regularization : The Case of Nicaragua |
| title_full_unstemmed |
Investment and Income Effects of Land Regularization : The Case of Nicaragua |
| title_sort |
investment and income effects of land regularization : the case of nicaragua |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2002/01/1683376/investment-income-effects-land-regularization-case-nicaragua http://hdl.handle.net/10986/15747 |
| _version_ |
1764429616853811200 |