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02170nmm a2200421 u 4500 |
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221013 ||| eng |
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1 |
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|a Ali, Daniel Ayalew
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245 |
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|a Property Rights In A Very Poor Country
|h Elektronische Ressource
|b Tenure Insecurity And Investment In Ethiopia
|c Ali, Daniel Ayalew
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260 |
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|a Washington, D.C
|b The World Bank
|c 2007
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300 |
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|a 31 p.
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653 |
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|a Municipal Housing and Land
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653 |
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|a Land tenure
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653 |
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|a Natural resources
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653 |
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|a Forestry
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653 |
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|a Rural Development
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653 |
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|a Agricultural production
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653 |
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|a Land rights
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653 |
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|a Urban Development
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653 |
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|a Urban Housing
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653 |
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|a Appropriation
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653 |
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|a Tenure
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653 |
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|a Rural Development Knowledge and Information Systems
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653 |
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|a Common Property Resource Development
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653 |
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|a Agriculture
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653 |
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|a Property Rights
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653 |
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|a Heterogeneity
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700 |
1 |
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|a Ali, Daniel Ayalew
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700 |
1 |
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|a Gautam, Madhur
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700 |
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|a Dercon, Stefan
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b WOBA
|a World Bank E-Library Archive
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856 |
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|u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4363
|x Verlag
|3 Volltext
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|a 330
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|a This paper provides evidence from one of the poorest countries of the world that the property rights matter for efficiency, investment, and growth. With all land state-owned, the threat of land redistribution never appears far off the agenda. Land rental and leasing have been made legal, but transfer rights remain restricted and the perception of continuing tenure insecurity remains quite strong. Using a unique panel data set, this study investigates whether transfer rights and tenure insecurity affect household investment decisions, focusing on trees and shrubs. The panel data estimates suggest that limited perceived transfer rights, and the threat of expropriation, negatively affect long-term investment in Ethiopian agriculture, contributing to the low returns from land and perpetuating low growth and poverty
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