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Land tenure security and agricultural performance in Africa: overview of research methodology

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There is a widespread belief among development specialists that tenure security is an important condition for economic development. Compared with weak or insufficient property rights, secure rights based on economic theory are believed to (1) increase credit use through greater incentives for investment, improved creditworthiness of projects, and enhanced collateral value of land; (2) increase land transactions, facilitating transfers of land from less efficient to more efficient uses by increasing the certainty of contracts and lowering enforcement costs; (3) reduce the incidence of land disputes through clearer definition and enforcement of rights; and (4) raise productivity through increased agricultural investment (Feder et al. 1988, Barrows and Roth 1990). Whether greater security of land rights under indigenous or state tenures has a positive payoff through these linkages is a crucial empirical issue in the economics of land policyand tenure conversion.
    Publication year

    1994

    Authors

    Place F; Roth M; Hazell P

    Language

    English

    Keywords

    agricultural products, investment, tenure

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