Costs and Benefits of Land Ownership

Costs and Benefits of Land Ownership
Author: Paul Castañeda Dower
Publisher:
Total Pages: 31
Release: 2015
Genre:
ISBN:

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
Total Pages: 172
Release: 2007-11-07
Genre: Science
ISBN: 0309164354

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.

Property Rights

Property Rights
Author: Terry L. Anderson
Publisher: Princeton University Press
Total Pages: 412
Release: 2003
Genre: Law
ISBN: 9780691099989

In the end, the book provides a fresh, comprehensive overview of an intriguing subject, accessible to anyone with a minimal background in economics. (An introductory chapter introduces the handful of assumptions embedded in the text's economics and law).

Rethinking the Economics of Land and Housing

Rethinking the Economics of Land and Housing
Author: Josh Ryan-Collins
Publisher: Zed Books Ltd.
Total Pages: 306
Release: 2017-02-28
Genre: Business & Economics
ISBN: 1786991217

Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.