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The Cost of Registering Property: Does Legal Origin Matter?

24 Pages Posted: 20 Oct 2008 Last revised: 7 Jun 2012

Mohammad Amin

World Bank - Development Research Group (DECRG); World Bank - Enterprise Analysis Unit

Jamal Ibrahim Haidar

Harvard University

Date Written: September 1, 2010

Abstract

There is a large literature that finds that common law countries perform better than civil law countries in various aspects of the institutional environment. The present paper extends these findings to another dimension of institutional quality - the cost of registering property. In a sample of 121 countries, we find that the cost of registering property is lower by 26 percent of the world average in common law compared with civil law countries, a result largely driven by differences in non-notary costs of registering property. We provide plausible explanations for these findings.

Keywords: Legal origin, Institutions, Property registration

JEL Classification: D23, H1, H82, K00, K11, N20, P11, P14, P51

Suggested Citation

Amin, Mohammad and Haidar, Jamal Ibrahim, The Cost of Registering Property: Does Legal Origin Matter? (September 1, 2010). Empirical Economics, Volume 42, Number 3 (2012), 1035-1050. Available at SSRN: https://ssrn.com/abstract=1287217

Mohammad Amin (Contact Author)

World Bank - Development Research Group (DECRG) ( email )

1818 H Street NW
F 4P-238
Washington, DC 20433
United States
202-473-1915 (Phone)

World Bank - Enterprise Analysis Unit

2121 Pennsylvania Avenue, NW
Washington, DC 20433
United States

Jamal Haidar

Harvard University ( email )

1875 Cambridge Street
Cambridge, MA 02138
United States

HOME PAGE: http://scholar.harvard.edu/haidar

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