Costs and Benefits of Land Ownership

Costs and Benefits of Land Ownership

Author: Paul Castañeda Dower

Publisher:

Published: 2015

Total Pages: 31

ISBN-13:

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Private ownership confers numerous benefits, including stronger performance incentives, better use of privately owned assets, and improved access to finance. We argue that privately owned land could be both an asset and a liability, and overall net benefits of land ownership are contingent on the quality of surrounding institutions. We present a simple model and empirical evidence based on the Business Environment and Enterprise Performance Survey (BEEPS) in Russia, which clearly demonstrates such conditionality in the case of land ownership by Russian industrial firms. Consistently with earlier literature, land ownership facilitates firms' access to finance (the “de Soto effect”), but at the same time entails additional risks and obstacles to doing business. When the quality of property rights protection and other key institutions is poor, land ownership could have an adverse effect on firms' performance.


National Land Parcel Data

National Land Parcel Data

Author: National Research Council

Publisher: National Academies Press

Published: 2007-11-07

Total Pages: 172

ISBN-13: 0309164354

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Land parcel data (also known as cadastral data) provide geographically referenced information about the rights, interests, and ownership of land and are an important part of the financial, legal, and real estate systems of society. The data are used by governments to make decisions about land development, business activities, regulatory compliance, emergency response, and law enforcement. In 1980, a National Research Council book called for nationally integrated land parcel data, but despite major progress in the development of land parcel databases in many local jurisdictions, little progress has been made toward a national system. National Land Parcel Data looks at the current status of land parcel data in the United States. The book concludes that nationally integrated land parcel data is necessary, feasible, and affordable. It provides recommendations for establishing a practical framework for sustained intergovernmental coordination and funding required to overcome the remaining challenges and move forward.


Institutional and Organizational Analysis

Institutional and Organizational Analysis

Author: Eric Alston

Publisher: Cambridge University Press

Published: 2018-08-23

Total Pages: 409

ISBN-13: 110708637X

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Why isn't the whole world developed? This toolkit for institutional analysis explains how rules affect the performance of countries, firms, and even families.