Cairn - Land Tenure Insecurity and Economic Growth in Brazil

Mon compte |

Mon panier d'achats |

Ma bibliographie

Contacts |

Aide

· Accès distant · Mot de passe oublié

· Recherche avancée

Revue d'économie du développement
De Boeck Université

I.S.B.N.2804155940
200 pages

p. 75 à 91
doi: 10.3917/edd.205.0075

Veille sur la revue
Veille sur l'auteur

Acquérir ce numéro S'abonner à la revue

Vous consultez

Vol. 20 2006/5

Discipline > Revue > Sommaire > Résumé

Ajouter au
panier d'achats

Land Tenure Insecurity and Economic Growth in Brazil

Claudio Araujo Catherine Araujo Bonjean Jean-Louis Combes Pascale Combes Motel

Résumé de l'article

We examine the consequences of land tenure insecurity on economic growth in Brazil. We use an overlapping generations model with two sectors: an agricultural sector and a manufacturing sector. Land is specific to the agricultural sector and capital goods are specific to the manufacturing sector. Moreover land is a fixed production factor. Saving takes the form of either land or capital goods purchases, and saving composition depends on transaction costs generated by land tenure insecurity. It is shown that land tenure insecurity implies a decrease in land prices and a reallocation of savings in favour of capital goods. Two econometric restrictions can be tested on a panel of the Brazilian federation states: land tenure insecurity has a negative impact on land prices and a positive one on economic growth. Land tenure insecurity is proxied by the number of squatters. These two restrictions are not rejected.
JEL Classification: O41, Q15, O54Keywords : land tenure insecurity, squatters, overlapping generations model, land prices, economic growth, Brazil.

Plan de l'article

• Introduction

• The Theoretical Model

— Production

— Consumption

— The Economic Dynamics

• Econometric Analysis

— Auxiliary hypothesis: approximation of land tenure insecurity by the number of squatters

— Sample and method of estimation

— Econometric test of proposition 1: land tenure insecurity and land price

— Econometric test of proposition 2: land tenure insecurity and economic growth

• Land policy implications

• Appendix

• References

Ajouter cet article à votre panier d’achats