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The Demand for Land Title Registration: Theory with Evidence from Kenya

Posted: 29 Feb 2008  

Thomas J. Miceli

University of Connecticut - Department of Economics

C. F. Sirmans

Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law

Joseph Kieyah

University of Iowa

Abstract

This article examines the role of title registration in providing security of property rights for landowners. A simple model is developed to examine the trade-off between increased security of registering title against the administrative costs of accessing the system. The model predicts that the demand for registration should be increasing in the value of the land, the education of the landowner, and proximity to the central government (the latter two being measures of the cost of accessing the system). Evidence on land registration in Kenya provides support for the model.

Suggested Citation

Miceli, Thomas J. and Sirmans, C. F. and Kieyah, Joseph, The Demand for Land Title Registration: Theory with Evidence from Kenya. American Law and Economics Review, Vol. 3, No. 2, pp. 275-287, 2001. Available at SSRN: https://ssrn.com/abstract=874186

Thomas J. Miceli (Contact Author)

University of Connecticut - Department of Economics ( email )

365 Fairfield Way, U-1063
Storrs, CT 06269-1063
United States
860-486-5810 (Phone)
860-486-4463 (Fax)

C. F. Sirmans

Florida State University - Department of Risk Management, Insurance, Real Estate & Business Law ( email )

Tallahasse, FL 32306
United States
850 644-4076 (Phone)

HOME PAGE: http://www.cob.fsu.edu/rmi

Joseph Kieyah

University of Iowa ( email )

341 Schaeffer Hall
Iowa City, IA 52242
United States

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