Abstract

TRUJILLO-OSORIO, Catalina; CORREA-VALENCIA, Carlos Iván; LOAIZA-TREJOS, Paola Andrea  and  ERASO-TORRES, Francisco Wilfredo. The roll of property on the regional development. Evidence for Colombian experience. Entramado [online]. 2017, vol.13, n.2, pp.32-59. ISSN 1900-3803.  https://doi.org/10.18041/entramado.2017v13n2.26223.

From the New Institutional Economics NEI, the relationship between the ownership land categories and the development dynamics at districts is analyzed for Colombia, this in order to identify associations, dependencies and constraints, between the size of different property types, and district development levels. A revision of the property categories by legal bases is taken, and from it the gather of statistical information for the country's property types: individual private property, collective private property and conservation public property and so, the effects on district's development are analyzed by econometric Logit Multinomial model, taking into account indicators of human development (HDI), business density (SDI), and Competitiveness (GCI) as a measure of the level of development at the districts. It was found that ownership categories influence the probability for district development, where the effects of every ownership category on development will depend on the development level of every district; thus, districts with low, medium and high levels of development will be influenced in different ways by each category of property land, exiting at districts. These results highlight the importance of taking into account the analysis of the land ownership structures, into land ordering and the development planning of districts, and support the requirement to reorganize the district administrative structure according to ownership categories.

JEL classification: R52, R58.

Keywords : Property rights; institutions; governance system; socio-ecological system; territory development.

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