Law, Endowments, and Property Rights

47 Pages Posted: 25 May 2006 Last revised: 8 Jun 2007

See all articles by Ross Levine

Ross Levine

University of California, Berkeley - Haas School of Business; National Bureau of Economic Research (NBER)

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Date Written: August 2005

Abstract

While scholars have hypothesized about the sources of variation in property rights for over 2500years, it is only very recently that researchers have begun to test these theories empirically. Thispaper reviews both the theory and empirical evidence supporting and refuting the law andendowment views of property rights. The law view holds that historically determined differences innational legal traditions continue to shape cross-country differences in property rights. Theendowment view argues that during European colonization, differences in climate, crops, theindigenous population, and the disease environment influenced long-run property rights.

Suggested Citation

Levine, Ross Eric, Law, Endowments, and Property Rights (August 2005). NBER Working Paper No. w11502. Available at SSRN: https://ssrn.com/abstract=775992

Ross Eric Levine (Contact Author)

University of California, Berkeley - Haas School of Business ( email )

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National Bureau of Economic Research (NBER)

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