Lee Alston



(Tuesday, 2nd April 2002)

Title : Property rights, transaction costs and development

This lecture will present the determinants of property rights to land, particularly the economic determinants. It will focus on the impact of property rights to land and will demonstrate the tenancy through endowments and their impact on supervision costs, enforcement costs, risk, agricultural distress and government policies, then it will examine land reform.

Bibliographical references :

Alston, Lee J., Gary Libecap and Robert Schneider. "The Determinants and Impact of Property Rights: Census Data and Survey Results for Land Titles on the Brazilian Frontier" Journal of Law, Economics and Organization (1996): 25-61.

Alston, Lee J., Gary D. Libecap and Bernardo Mueller. "Property Rights to Land and Land Reform: Legal Inconsistencies and the Sources of Violent Conflict in the Brazilian Amazon," Journal of Environmental Economics and Management (2000).

Alston, Lee J. "Tenant Farming" in the Oxford Encyclopedia of Economic History (forthcoming).

Alston Lee J. "Property Rights in Land: An Historical Overview" in the Oxford Encyclopedia of Economic History (forthcoming).