The Deregularization of Land Titles

22 Pages Posted: 26 Jul 2016

See all articles by Sebastian Galiani

Sebastian Galiani

University of Maryland - Department of Economics

Ernesto Schargrodsky

Universidad Torcuato Di Tella

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Date Written: July 24, 2016

Abstract

In the last years, several countries implemented policy interventions to entitle urban squatters, encouraged by the results of studies showing large welfare gains from entitlement. We study a natural experiment in the allocation of land titles to very poor families in a suburban area of Buenos Aires, Argentina. Although previous studies on this experiment have found important effects of titling on investment, household structure, educational achievement, and child health, in this article we document that a large fraction of households that went through a situation at which formalization was challenged (death, divorce, sale/purchase), ended up being de-regularized. The legal costs of remaining formal seem too high relative to the value of these parcels and the income of their inhabitants.

Keywords: Land Titling Deregularization, Titling Systems, Cost of Titling, Natural Experiment.

JEL Classification: P14

Suggested Citation

Galiani, Sebastian and Schargrodsky, Ernesto, The Deregularization of Land Titles (July 24, 2016). Available at SSRN: https://ssrn.com/abstract=2813847 or http://dx.doi.org/10.2139/ssrn.2813847

Sebastian Galiani (Contact Author)

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States

Ernesto Schargrodsky

Universidad Torcuato Di Tella ( email )

Minones 2159
1428 Buenos Aires, 1428
Argentina
+54 11 4784 0080 (Phone)
+54 11 4783 3220 (Fax)

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