Getting institutions “Right” for whom? Credit constraints and the impact of property rights on the quantity and composition of investment
Property rights reform is typically hypothesized to boost investment through investment demand and credit supply effects. Yet when the credit supply effect is muted, property rights reform would be expected to induce liquidity‐constrained farms to reduce investment in movable capital even as they in...
| Main Authors: | , |
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| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Wiley
2003
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/157966 |