Measuring Property Rights Institutions

Abstract

for helpful comments. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.At least one co-author has disclosed a financial relationship of potential relevance for this research. Further information is available online at http://www.nber.org/papers/w27839.ack NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

The Speed of Justice

“…Comparing firms with cases before and after the reform, we find improvements in firms' perception of the justice system. Taken together, these results support the notion that firms involved in court cases after the introduction of the reform experienced net positive economic gains, bringing new case-firm-level evidence to the literature on the costs of procedural delays (Alencar & Ponticelli, 2016;Djankov et al, 2010Djankov et al, , 2020Lilienfeld-Toal et al, 2012).…”

Perceived Ease of Doing Business and Business Growth Motivation of Smes

“…Data suggests that quality of regulatory institutions have a significant impact on economic results, particularly in the context of urban land distribution. Based on data research, institutions have improved dramatically during the last two decades (Djankov et al, 2020). Owners who have their titles appropriately registered are generally more interested in investment in the local economy.…”

Ask a Local: Improving the Public Pricing of Land Titles in Urban Tanzania

“…Much land in urban Africa is allocated low values of built capital, remains unplanned, and is settled under informal property rights ( UN Habitat 2016, Lall et al 2017. And yet, the development of these cities depends on the establishment of strong property rights (Henderson et al 2021, Djankov et al 2020. Formalisation creates transparency in prices enabling functional urban land markets, and improved property records facilitating taxation (Collier et al 2017).…”