Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5092271 | Journal of Comparative Economics | 2013 | 20 Pages |
Abstract
⺠We propose a new approach to measuring the security of property rights. ⺠We apply it to identifying the economic effects of lack of property protection. ⺠Usefulness of some common measures of the security of property rights is overestimated. ⺠There is close relationship between institutions, property rights and economic growth. ⺠Redistributive risks result in a huge loss in efficiency and economic growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Rostislav Kapeliushnikov, Andrei Kuznetsov, Natalia Demina, Olga Kuznetsova,