Publication:
Property Rights, Political Connections, and Corporate Investment

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dc.contributor.authorMiao, Meng
dc.contributor.authorTang, Dragon Yongjun
dc.contributor.authorXu, Lixin Colin
dc.date.accessioned2019-08-16T14:54:13Z
dc.date.available2019-08-16T14:54:13Z
dc.date.issued2019-08
dc.description.abstractDespite the literature on rural land property rights, studies on urban land property rights are rare. This paper studies the impact of an urban land titling program on firm investment. It finds that the program leads to increased investment rate for titling firms, and the positive effect holds only for politically connected firms. The effects are likely causal, because they are more pronounced for firms that are more likely to benefit from strengthened property rights. Connected titling firms experienced fewer disputes than nonconnected titling firms after the program, and the results remain robust when using instrumental variable estimation.en
dc.identifierhttp://documents.worldbank.org/curated/en/734901565612391204/Property-Rights-Political-Connections-and-Corporate-Investment
dc.identifier.doi10.1596/1813-9450-8973
dc.identifier.urihttps://hdl.handle.net/10986/32266
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 8973
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPROPERTY RIGHTS
dc.subjectPOLITICAL CONNNECTIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectCORRUPTION
dc.subjectINVESTMENT
dc.subjectREGULATION
dc.subjectREGULATORY OVERSIGHT
dc.subjectURBAN LAND TITLING
dc.titleProperty Rights, Political Connections, and Corporate Investmenten
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleProperty Rights, Political Connections, and Corporate Investment
okr.date.disclosure2019-08-12
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/734901565612391204/Property-Rights-Political-Connections-and-Corporate-Investment
okr.guid734901565612391204
okr.identifier.doi10.1596/1813-9450-8973
okr.identifier.externaldocumentum090224b086fcd202_3_0
okr.identifier.internaldocumentum31330278
okr.identifier.reportWPS8973
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/734901565612391204/pdf/Property-Rights-Political-Connections-and-Corporate-Investment.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.statistics.combined1552
okr.statistics.dr734901565612391204
okr.statistics.drstats1251
okr.topicPublic Sector Development::Regulatory Regimes
okr.topicPublic Sector Development::Public Sector Administrative and Civil Service Reform
okr.topicCommunities and Human Settlements::Land Administration
okr.topicCommunities and Human Settlements::Land Use and Policies
okr.topicLaw and Development::Private Sector Development Law
okr.topicLaw and Development::Real & Intellectual Property Law
okr.topicUrban Development::Urban Economic Development
okr.topicPrivate Sector Development::Corporate Governance and Corruption
okr.unitDevelopment Research Group, Development Economics
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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