Skip to main content Accessibility help
×
Hostname: page-component-cd9895bd7-mkpzs Total loading time: 0 Render date: 2024-12-23T04:09:19.296Z Has data issue: false hasContentIssue false

4 - Evidence on the Rise and Fall of Property Rights Gaps in Latin America

Published online by Cambridge University Press:  22 December 2020

Michael Albertus
Affiliation:
University of Chicago
Get access

Summary

This chapter employs original data on land reform and property rights to empirically test the theory. Using data from Latin America from 1920–2010 and cross-tabulation, regression, and instrumental variables analysis, the chapter find strong evidence in support of the theory that property rights gaps are generated by authoritarian regimes where the ruling coalition of political elites does not overlap with landed elites. In contrast, property rights gaps are typically closed by democracies, especially when peasants are in the ruling coalition and legislative fractionalization does not give opposition lawmakers a chance to block reform. Property rights gaps are also closed by both authoritarian regimes and democracies when countries are forced into structural adjustment programs. And left-wing ideology and state capacity play a role well in property rights gaps. This chapter also finds that the governments that redistribute property without rights also distort crop prices to render beneficiaries dependent on the government, and through a comparative analysis of nationalizations of banks and natural resources shows that the withholding of property rights over land is strategic.

Type
Chapter
Information
Property without Rights
Origins and Consequences of the Property Rights Gap
, pp. 124 - 167
Publisher: Cambridge University Press
Print publication year: 2021

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×