A Finance Approach to Understanding Patterns of Land Tenure

Dartmouth College Economics Working Paper No. 01-12

22 Pages Posted: 24 Sep 2001

See all articles by Meir Kohn

Meir Kohn

Dartmouth College - Department of Economics

Date Written: September 2001

Abstract

Economists and economic historians have generally understood different forms of land tenure as arrangements for the supply of labor. This paper suggests a different interpretation -- that land-tenure arrangements be understood rather as arrangements for the supply of financing. The cost and availability of financing depend on the arrangements available to ensure the providers of the financing a fair return on their investment. The paper argues that the different forms of land tenure may best be understood in the context of such arrangements -- as alternative ways of providing the family farm with the external financing that it requires. The discussion focuses on land-tenure arrangements in pre-industrial Europe, but the conclusions hold quite generally.

JEL Classification: G3, N53, N23, O13, O52, Q14, Q15

Suggested Citation

Kohn, Meir G., A Finance Approach to Understanding Patterns of Land Tenure (September 2001). Dartmouth College Economics Working Paper No. 01-12. Available at SSRN: https://ssrn.com/abstract=284000 or http://dx.doi.org/10.2139/ssrn.284000

Meir G. Kohn (Contact Author)

Dartmouth College - Department of Economics ( email )

Rockefeller Hall 6106
Hanover, NH 03755
United States
603-646-2648 (Phone)
603-643-2122 (Fax)

HOME PAGE: http://www.dartmouth.edu/~mkohn/

Register to save articles to
your library

Register

Paper statistics

Downloads
216
Abstract Views
1,744
rank
142,511
PlumX Metrics