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"While scholars have hypothesized about the sources of variation in property rights for over 2500years, it is only very recently that researchers have begun to test these theories empirically. Thispaper reviews both the theory and empirical evidence supporting and refuting the law andendowment views of property rights. The law view holds that historically determined differences innational legal traditions continue to shape cross-country differences in property rights. Theendowment view argues that during European colonization, differences in climate, crops, theindigenous population, and the disease environment influenced long-run property rights"--National Bureau of Economic Research web site.
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Law, endowments, and property rights
2005, National Bureau of Economic Research
Electronic resource
in English
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Book Details
Edition Notes
"July 2005."
Includes bibliographical references (p. 33-40).
Also available in PDF from the NBER world wide web site (www.nber.org).
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- Created September 29, 2008
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