Property Rights and Economic Development

@inproceedings{Besley2009PropertyRA,
  title={Property Rights and Economic Development},
  author={Timothy J. Besley and Maitreesh Ghatak},
  year={2009}
}
This chapter develops a uni…ed analytical framework for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and economic activity. (i) What are the mechanisms through which property rights a¤ect economic activity? (ii) What are the determinants of property rights? In answering these, it surveys some of the main empirical and theoretical ideas from the extensive literature on the… CONTINUE READING
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