Incomplete Contracts And Investment: A Study of Land Tenancy In Pakistan
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Washington, D.C
The World Bank
2006
|
| Schlagwörter: | |
| Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3826 |
| Beschreibung: | Weitere Ausgabe: Mansuri, Ghazala: Incomplete Contracts And Investment |
| Umfang: | 1 Online-Ressource (35 Seiten) |
Internformat
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| 500 | |a Weitere Ausgabe: Mansuri, Ghazala: Incomplete Contracts And Investment | ||
| 520 | 1 | |a When contracts are incomplete, relationship-specific investments may be underprovided due to the threat of opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using data from households cultivating multiple plots under different tenure arrangements, they show that land-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure security appears to be driven largely by heterogeneity across landlords, suggesting that reputation may be important in mitigating the holdup problem | |
| 534 | |c 2006 | ||
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| 653 | |a Contract | ||
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| 653 | |a Contracts | ||
| 653 | |a Debt Markets | ||
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| 653 | |a Economic Transactions | ||
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| 653 | |a Expropriation | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a Financial Literacy | ||
| 653 | |a Investment | ||
| 653 | |a Investment Behavior | ||
| 653 | |a Investment Decision | ||
| 653 | |a Investment and Investment Climate | ||
| 653 | |a Investments | ||
| 653 | |a Labor Policies | ||
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Datensatz im Suchindex
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| author | Mansuri, Ghazala Jacoby, Hanan |
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| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| indexdate | 2025-02-06T17:00:25Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (35 Seiten) |
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| publishDate | 2006 |
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| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Mansuri, Ghazala Jacoby, Hanan Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan |
| title | Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan |
| title_auth | Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan |
| title_exact_search | Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan |
| title_full | Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan Mansuri, Ghazala |
| title_fullStr | Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan Mansuri, Ghazala |
| title_full_unstemmed | Incomplete Contracts And Investment A Study of Land Tenancy In Pakistan Mansuri, Ghazala |
| title_short | Incomplete Contracts And Investment |
| title_sort | incomplete contracts and investment a study of land tenancy in pakistan |
| title_sub | A Study of Land Tenancy In Pakistan |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3826 |
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