How Urban Land Titling and Registry Reform Affect Land and Credit Markets Evidence from Lesotho

Using spatial fixed effects and time-varying controls, this paper draws on complete registry data for 1981-2019, supplemented by satellite imagery, to analyze impacts of urban land titling for some 40,000 grid cells in Lesotho. Beyond confirming the short-term impacts on female co-ownership and inve...

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Bibliographic Details
Main Author: Deininger, Klaus
Other Authors: Ali, Daniel Ayalew
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2022
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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100 1 |a Deininger, Klaus 
245 0 0 |a How Urban Land Titling and Registry Reform Affect Land and Credit Markets  |h Elektronische Ressource  |b Evidence from Lesotho  |c Klaus Deininger 
260 |a Washington, D.C  |b The World Bank  |c 2022 
300 |a 41 pages 
653 |a Formal Land Market 
653 |a Equity and Development 
653 |a Land Information Systems 
653 |a Lesotho Land Administration Reform Project (LARP) 
653 |a Communities and Human Settlements 
653 |a Land Titling 
653 |a Land Rights 
653 |a Law and Development 
653 |a Gender and Land Rights 
653 |a Systematic Land Registration 
653 |a Equity 
653 |a Urban Land Policy Reform 
653 |a Law and Equality 
653 |a Economic Development and Land Rights 
653 |a Property Rights 
653 |a Land Administration 
653 |a Credit Market 
653 |a Gender 
700 1 |a Ali, Daniel Ayalew 
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028 5 0 |a 10.1596/1813-9450-10043 
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520 |a Using spatial fixed effects and time-varying controls, this paper draws on complete registry data for 1981-2019, supplemented by satellite imagery, to analyze impacts of urban land titling for some 40,000 grid cells in Lesotho. Beyond confirming the short-term impacts on female co-ownership and investment, previously reported, the paper documents medium-term impacts on land sale and mortgage market activity and women's participation in these markets. Although titling was instrumental in ensuring the effectiveness of an earlier legal reform that allowed women to be co-owners of land, the credit and land market effects are due not to titling but to changes in policy to reduce the transaction cost of registering land that took effect just before titling started. Downward shifts in the time required to register transactions support this interpretation. The paper concludes by discussing what the evidence implies for design and evaluation of property registration programs