Does insecure land tenure deter investment? Evidence from a randomized controlled trial
成果类型：
Article
署名作者：
Huntington, Heather; Shenoy, Ajay
署名单位：
Duke University; University of California System; University of California Santa Cruz
刊物名称：
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN：
0304-3878
DOI：
10.1016/j.jdeveco.2021.102632
发表日期：
2021
关键词：
摘要：
There is broad agreement among the most prominent observational studies that tenure insecurity deters invest-ment. We present new experimental evidence testing this proposition: a land certification program randomized across villages in Zambia. Our results contradict the consensus. Though the intervention improved perceptions of tenure security, it had no impact on investment in the following season. The impact is still zero even after a cross-randomized agroforestry extension relaxes financial and technical constraints to agroforestry investment. Though relaxing these constraints has a direct effect, it is not enhanced by granting land tenure, implying tenure insecurity had not been a barrier to investment.