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Library How land registration affects financial development and economic growth in Thailand

How land registration affects financial development and economic growth in Thailand

How land registration affects financial development and economic growth in Thailand

Resource information

Date of publication
juli 2016
Resource Language
ISBN / Resource ID
OSF_preprint:46239-49D-705

Using an economy-wide conceptual framework, the author analyzes how land registration affects financial development and economic growth in Thailand. He uses contemporary techniques, such as error correction and co-integration, to deal with such problems as time-series data not being stationary. He also uses the auto-regressive distributed lag model to analyze long lags in output response to changes in land registration. His key findings: 1) Land titling has significant positive long-run effects on financial development. 2) Economic growth responds to land titling following a J curve, by first registering a fall and recovering gradually, thereafter to post a long, strong rally. 3) The quality of land registration services, as measured by public spending on land registration, has strongly positive and significant long-run effects on economic growth. Climate Change,Environmental Economics&Policies,Economic Theory&Research,Public Sector Economics&Finance,Land Use and Policies,Economic Theory&Research,Environmental Economics&Policies,Achieving Shared Growth,Inequality,Economic Growth

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Authors and Publishers

Author(s), editor(s), contributor(s)

Frank F.K. Byamugisha

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Geographical focus