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The Two Sides of De Soto: Property Rights, Land Titling, and Development


Claudia R. Williamson


Mississippi State University

October 7, 2011

THE ANNUAL PROCEEDINGS OF THE WEALTH AND WELL-BEING OF NATIONS, p. 95, Emily Chamlee-Wright, ed., Beloit College, 2010

Abstract:     
This essay examines Hernando De Soto’s work on property rights, which can be viewed as providing two separate testable hypotheses: 1) secure property rights are positively correlated with access to credit and capital formation, which leads to economic development, and 2) land titling programs provides the means to secure property rights. In particular, Williamson argues that Hypothesis 1 is supported by both theoretical and empirical arguments, while Hypothesis 2 lacks empirical evidence.

Number of Pages in PDF File: 14

Keywords: property rights, economic prosperity, land titling, Hernando de Soto

JEL Classification: O11

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Date posted: October 7, 2011  

Suggested Citation

Williamson, Claudia R., The Two Sides of De Soto: Property Rights, Land Titling, and Development (October 7, 2011). THE ANNUAL PROCEEDINGS OF THE WEALTH AND WELL-BEING OF NATIONS, p. 95, Emily Chamlee-Wright, ed., Beloit College, 2010. Available at SSRN: http://ssrn.com/abstract=1940201

Contact Information

Claudia R. Williamson (Contact Author)
Mississippi State University ( email )
Box 9580
312F McCool Hall
Mississippi State, MS 39762
United States
7242558627 (Phone)
HOME PAGE: http://www.claudiawilliamson.com
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