Current Search: "Lutgert College of Business" (x)
View All Items
(1 - 4 of 4)
- Title
- Propertyless in Peru, Even with a Government Land Title.
- Creator
-
Kerekes, Carrie B., Williamson, Claudia R.
- Abstract/Description
-
This article investigates the ability and process of government land titling as a method to achieve secure property rights institutions. Specifically, we analyze the impact of government land titling in rural Peru. Our findings suggest that land titling does not achieve the positive benefits associated with secure property, such as access to credit. We also find that individuals prefer private enforcement methods of securing property to public means. This suggests that government land titling...
Show moreThis article investigates the ability and process of government land titling as a method to achieve secure property rights institutions. Specifically, we analyze the impact of government land titling in rural Peru. Our findings suggest that land titling does not achieve the positive benefits associated with secure property, such as access to credit. We also find that individuals prefer private enforcement methods of securing property to public means. This suggests that government land titling is not always a channel through which countries can achieve secure property rights institutions.
Show less - Date Issued
- 2010-06-24
- Identifier
- 10.1111/j.1536-7150.2010.00734.x, fgcu_ir_000097, http://doi.wiley.com/10.1111/j.1536-7150.2010.00734.x
- Format
- Citation
- Title
- Unveiling de Soto's mystery: property rights, capital formation, and development.
- Creator
-
Kerekes, Carrie B., Williamson, Claudia R.
- Abstract/Description
-
Hernando de Soto attributes the poor economic performance of developing countries to insecure property rights. When property rights are not well-defined individuals do not have the incentives to invest in capital, and assets cannot be used as collateral, hindering capital formation and economic growth. This paper tests de Soto's hypothesis empirically by examining how the security of property rights impacts wealth, collateral, and capital formation across nations. Using several different...
Show moreHernando de Soto attributes the poor economic performance of developing countries to insecure property rights. When property rights are not well-defined individuals do not have the incentives to invest in capital, and assets cannot be used as collateral, hindering capital formation and economic growth. This paper tests de Soto's hypothesis empirically by examining how the security of property rights impacts wealth, collateral, and capital formation across nations. Using several different measures and model specifications, we find support for de Soto's conjecture. Our results suggest that better defined property rights would result in substantial improvements in capital formation and economic growth in developing countries.
Show less - Date Issued
- 2008-12-16
- Identifier
- 10.1017/S1744137408001100, fgcu_ir_000048, http://www.journals.cambridge.org/abstract_S1744137408001100
- Format
- Citation
- Title
- Takings and Tax Revenue: Fiscal Impacts of Eminent Domain.
- Creator
-
Kerekes, Carrie B., Stansel, Dean
- Abstract/Description
-
In the landmark 2005 Kelo case, the Supreme Court ruled that eminent domain takings for private development constituted permissible “public use” because of their potential to produce higher revenue. This paper provides the first examination of that relationship between eminent domain activity and state and local revenue. We find virtually no evidence of a positive relationship between the number of eminent domain takings for private use (such as the one that led to the Kelo decision) and the...
Show moreIn the landmark 2005 Kelo case, the Supreme Court ruled that eminent domain takings for private development constituted permissible “public use” because of their potential to produce higher revenue. This paper provides the first examination of that relationship between eminent domain activity and state and local revenue. We find virtually no evidence of a positive relationship between the number of eminent domain takings for private use (such as the one that led to the Kelo decision) and the level of revenue. We find some limited evidence of a negative relationship between eminent domain and future revenue growth.
Show less - Date Issued
- 2016-01-01
- Identifier
- 10.1515/rle-2015-0001, fgcu_ir_000040, https://www.degruyter.com/view/j/rle.2016.12.issue-2/rle-2015-0001/rle-2015-0001.xml
- Format
- Citation
- Title
- Discovering Law: Hayekian Competition in Medieval Iceland.
- Creator
-
Kerekes, Carrie B, Williamson, Claudia R
- Abstract/Description
-
The general consensus is that some minimal government is needed to provide law and enforce rules. However, between 930 and 1262, the Icelandic Commonwealth functioned without a central government, relying instead on market mechanisms and private institutions. An elaborate legal system developed that guided social interaction and coordinated conflict resolution. This article utilises Hayek’s theory of competition as a discovery process to examine the emergence of law in medieval Iceland....
Show moreThe general consensus is that some minimal government is needed to provide law and enforce rules. However, between 930 and 1262, the Icelandic Commonwealth functioned without a central government, relying instead on market mechanisms and private institutions. An elaborate legal system developed that guided social interaction and coordinated conflict resolution. This article utilises Hayek’s theory of competition as a discovery process to examine the emergence of law in medieval Iceland. Founded on private property and competition, the legal structure in medieval Iceland promoted discovery of law and resulted in the relative impartiality of judgments.
Show less - Date Issued
- 2012-01-16
- Identifier
- 10.1080/10383441.2012.10854748, fgcu_ir_000041, http://www.tandfonline.com/doi/abs/10.1080/10383441.2012.10854748
- Format
- Citation
