The Profits of Power: Land Rights and Agricultural Investment in Ghana
Markus Goldstein and
Christopher Udry
Working Papers from Economic Growth Center, Yale University
Abstract:
We examine the impact of ambiguous and contested land rights on investment and productivity in agriculture in Akwapim, Ghana. We show that individuals who hold powerful positions in a local political hierarchy have more secure tenure rights, and that as a consequence they invest more in land fertility and have substantially higher output. The intensity of investments on different plots cultivated by a given individual correspond to that individual’s security of tenure over those specific plots, and in turn to the individual’s position in the political hierarchy relevant to those specific plots. We interpret these results in the context of a simple model of the political allocation of land rights in local matrilineages.
Keywords: Land tenure; Investment; Institutions (search for similar items in EconPapers)
JEL-codes: O12 O13 O17 P48 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2005-11
New Economics Papers: this item is included in nep-agr, nep-dev and nep-pol
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Citations: View citations in EconPapers (67)
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http://www.econ.yale.edu/growth_pdf/cdp929.pdf (application/pdf)
Related works:
Journal Article: The Profits of Power: Land Rights and Agricultural Investment in Ghana (2008)
Working Paper: The Profits of Power: Land Rights and Agricultural Investment in Ghana (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:egc:wpaper:929
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