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Land Titles, Credit Markets and Wealth Distributions

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  • James C. MacGee

Abstract

Does the existence of formal title to land and real estate matter for the distribution of wealth? This paper reviews the empirical literature on the economic impact of land and real estate administration systems across countries. This paper argues that a functioning credit market for secured credit is necessary to realize the full benefits of legal title to private real estate. This paper also reviews quantitative economic theory on wealth distribution to assess the likely impact of different land registration systems on wealth inequality.

Suggested Citation

  • James C. MacGee, 2006. "Land Titles, Credit Markets and Wealth Distributions," WIDER Working Paper Series RP2006-150, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2006-150
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2006-150.pdf
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    Cited by:

    1. Aiman Akbar & Heni Wahyuni, 2023. "The Influence of Land Registration on Regional Income per Capita in Indonesia," Gadjah Mada Economics Working Paper Series 202303005, Department of Economics, Faculty of Economics and Business, Universitas Gadjah Mada.
    2. Sarah, Alobo, 2009. "Value and Premium for Titled Agricultural Land in Uganda," Research Theses 243467, Collaborative Masters Program in Agricultural and Applied Economics.

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