The Effects of Land Registration on Financial Development and Economic Growth PDF Download
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Author: Frank F. K. Byamugisha
Publisher: World Bank Publications
ISBN:
Category : Agricultural productivity
Languages : en
Pages : 22
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Book Description
A theoretical framework to guide empirical analysis of how land registration affects financial development and economic growth.
Author: Frank F. K. Byamugisha
Publisher: World Bank Publications
ISBN:
Category : Agricultural productivity
Languages : en
Pages : 22
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Book Description
A theoretical framework to guide empirical analysis of how land registration affects financial development and economic growth.
Author: Frank F.K. Byamugisha
Publisher:
ISBN:
Category :
Languages : en
Pages : 17
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Book Description
A theoretical framework to guide empirical analysis of how land registration affects financial development and economic growth.The author develops a theoretical framework to guide empirical analysis of how land registration affects financial development and economic growth.Most conceptual approaches investigate the effects of land registration on only one sector, nut land registration is commonly observed to affect not only other sectors but the economy as a whole.The author builds on the well-tested link between secure land ownership and farm productivity, adding to the framework theory about positive information and transaction costs. To map the relationship between land registration and financial development and economic growth, the framework links:-Land tenure security and investment incentives.-Land title, collateral, and credit.-Land markets, transactions, and efficiency.-Labor mobility and efficiency.-Land liquidity, deposit mobilization, and investment.Empirical results from applying the framework to a single case study - of Thailand, described in a separate paper - suggest that the framework is sound.This paper - a product of the Rural Development and Natural Resources Sector Unit, East Asia and Pacific Region - is part of a larger effort in the region to increase the effectiveness of country assistance strategies in the area of property rights and economic development.
Author: Frank F. K. Byamugisha
Publisher: World Bank Publications
ISBN: 2006330268
Category : Banks and Banking Reform
Languages : en
Pages : 38
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Book Description
Land registration in Thailand has significant positive long-run effects on financial development and economic growth.
Author: Frank F.K. Byamugisha
Publisher:
ISBN:
Category :
Languages : en
Pages : 32
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Book Description
Land registration in Thailand has significant positive long-run effects on financial development and economic growth.Using an economywide conceptual framework, the author analyzes how land registration affects financial development and economic growth in Thailand.He uses contemporary techniques, such as error correction and co-integration, to deal with such problems as time-series data not being stationary. He also uses the auto-regressive distributed lag model to analyze long lags in output response to changes in land registration.His key findings:-Land titling has significant positive long-run effects on financial development.-Economic growth responds to land titling following a J curve, by first registering a fall and recovering gradually, thereafter to post a long, strong rally.-The quality of land registration services, as measured by public spending on land registration, has strongly positive and significant long-run effects on economic growth.This paper - a product of the Rural Development and Natural Resources Sector Unit, East Asia and Pacific Region - is part of a larger effort in the region to increase the effectiveness of country assistance strategies in the area of property rights and economic development. The author may be contacted at
[email protected].
Author: World Bank Group
Publisher: World Bank Publications
ISBN: 0821399853
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
The second issue in a new series, Global Financial Development Report 2014 takes a step back and re-examines financial inclusion from the perspective of new global datasets and new evidence. It builds on a critical mass of new research and operational work produced by World Bank Group staff as well as outside researchers and contributors.
Author: Martin Ravallion
Publisher: World Bank Publications
ISBN: 1205340793
Category : Absolute Poverty
Languages : en
Pages : 36
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Book Description
Abstract: December 1999 - Nonfarm economic growth in India had very different effects on poverty in different states. Nonfarm growth was least effective at reducing poverty in states where initial conditions were poor in terms of rural development and human resources. Among initial conditions conducive to pro-poor growth, literacy plays a notably positive role. Ravallion and Datt use 20 household surveys for India's 15 major states, spanning 1960-94, to study how initial conditions and the sectoral composition of economic growth interact to influence how much economic growth reduced poverty. The elasticities of measured poverty to farm yields and development spending did not differ significantly across states. But the elasticities of poverty to (urban and rural) nonfarm output varied appreciably, and the differences were quantitatively important to the overall rate of poverty reduction. States with initially lower farm productivity, lower rural living standards relative to those in urban areas, and lower literacy experienced a less pro-poor growth process. This paper - a joint product of Poverty and Human Resources, Development Research Group, and the Poverty Reduction and Economic Management Sector Unit, South Asia Region - is part of a larger effort in the Bank to better understand the conditions required for pro-poor growth. The authors may be contacted at
[email protected] or
[email protected].
Author: Susmita Dasgupta
Publisher: World Bank Publications
ISBN:
Category : Ecology
Languages : en
Pages : 22
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Book Description
"One of the main reasons for noncompliant firms' poor environmental performance is the information gap on Mexico's environmental policy. Pollution control could be improved through systematically fuller communication targeted to noncompliant firms-- including more environmental education, especially of senior managers"--Cover.
Author: David Canning
Publisher: World Bank Publications
ISBN:
Category : Capital
Languages : en
Pages : 20
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Book Description
"Of the major kinds of physical infrastructure, electricity generating capacity has roughly the same marginal productivity as physical capital as a whole. So have roads-plus-rail, globally and in lower-income countries. Telephones, however, and transport routes in higher-income countries, have higher marginal productivity than other kinds of capital"--Cover.
Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN:
Category : Equality
Languages : en
Pages : 70
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Book Description
"Inequality in world income is very high, according to household surveys, more because of differences between mean country incomes than because of inequality within countries. World inequality increased between 1988 and 1993, driven by slower growth in rural per capita incomes in populous Asian countries (Bangladesh, China, and India) than in large, rich OECD countries, and by increasing income differences between urban China on the one hand and rural China and rural India on the other"--Cover.
Author: Kristin Komives
Publisher: World Bank Publications
ISBN:
Category : Agua - Bolivia
Languages : en
Pages : 40
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Book Description
"Governments in many developing countries are looking to private concessionaires to improve water and sanitation services in low-income areas. To design pro-poor concession arrangements in the water sector, policy makers must pay careful attention to how the proposed contract and existing or proposed regulations will affect the obligations, ability, and financial incentives of the private concessionaires to serve low-income households"--T.p.
