The Determinants and Impact of Property Rights: Land Titles on the Brazilian Frontier

58 Pages Posted: 26 Jun 2000 Last revised: 23 Apr 2012

See all articles by Lee J. Alston

Lee J. Alston

Indiana University; National Bureau of Economic Research (NBER)

Robert Schneider

World Bank

Gary D. Libecap

University of California, Santa Barbara (UCSB) - Donald Bren School of Environmental Science & Management; University of Arizona - Karl Eller Center; National Bureau of Economic Research (NBER); PERC - Property and Environment Research Center

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Date Written: January 1996

Abstract

This paper provides new empirical results regarding the demand and supply of title, its impact on land value, and its effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with data on the characteristics of the settlers, land tenure, land agencies involved, land values, and investment. We then turn to census data from the Brazilian agricultural census from 1940 through 1985, with observations at the municipio (county) level to examine the development of property rights to land in the southern state of Paran during the agricultural boom between 1940 and 1970 and in the Amazon state of Par during the period of rapid migration to the region after 1970. By examining frontiers we can follow the rise in land values, the increase in the demand for title, and the response of government. The empirical findings support the predictions of the theory regarding the effects of title and investment on land value, the role of expected change in value on demand for title, and the contribution of title in promoting investment. Governments, however, have not exactly followed the predictions of the analytical framework in supplying title. Political and bureaucratic factors play an important role in the government response to demands for title. This result suggests that researchers must pay special attention to the complex political process by which property rights are assigned in studying the emergence of tenure institutions.

Suggested Citation

Alston, Lee J. and Schneider, Robert and Libecap, Gary D., The Determinants and Impact of Property Rights: Land Titles on the Brazilian Frontier (January 1996). NBER Working Paper No. w5405. Available at SSRN: https://ssrn.com/abstract=225466

Lee J. Alston (Contact Author)

Indiana University ( email )

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Robert Schneider

World Bank

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Gary D. Libecap

University of California, Santa Barbara (UCSB) - Donald Bren School of Environmental Science & Management ( email )

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HOME PAGE: http://www.esm.ucsb.edu/people/usernew.asp?user=glibecap

University of Arizona - Karl Eller Center ( email )

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HOME PAGE: http://www.bpa.arizona.edu/~libecap

National Bureau of Economic Research (NBER)

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PERC - Property and Environment Research Center

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