The Enforcement of Property Rights and Underdevelopment:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Dabla-Norris, Era (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1999
Schriftenreihe:IMF Working Papers Working Paper No. 99/127
Links:http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
http://elibrary.imf.org/view/IMF001/06942-9781451854961/06942-9781451854961/06942-9781451854961.xml
Abstract:This paper formalizes the role of legal infrastructure in economic development in a general equilibrium model with endogenously determined property rights enforcement. It illustrates the mutual importance of property rights protection and market production by the model's multiplicity of equilibria. In one equilibrium, property rights are enforced and market activity is unhampered. In the other, property rights are not enforced, which discourages economic activity and leaves the economy without the resources and incentives to enforce property rights. Even identically endowed economies may therefore find themselves in very different equilibria
Umfang:1 Online-Ressource (22 p)
ISBN:145185496X
9781451854961