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The objective of this paper is to describe priority actions for reducing the legal insecurity of tenure to land in Nicaragua.
Does the distribution of land rights affect the choice of contractible techniques? I present evidence suggesting that Nicaraguan farmers are more likely to grow effort-intensive crops on owned rather than on rented plots.
The distribution of property rights has a strong impact on output when, due to the non-contractibility of some inputs, market contracts do not yield efficient outcomes.
Does the distribution of land rights affect the choice of contractible techniques? I present evidence suggesting that Nicaraguan farmers are more likely to grow effort-intensive crops on owned rather than on rented plots.
This paper analyzes the importance of legal property documents in providing tenure security, enhancing agricultural investment incentives and easing access to credit.
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