terra
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Checkerboards and Coase: Transactions Costs and Efficiency in Land Markets
The Coase theorem emphasizes the role transactions costs play in efficient market outcomes. We document inefficient outcomes, in the presence of a transactions cost, in southern California land markets and the corresponding transition to efficient outcomes after the transactions cost is eliminated. In the late 1800s, Palm Springs, CA was evenly divided, in a checkerboard fashion, and property rights assigned in alternating blocks to the Agua Caliente tribe and a non-Indian landowner by the US Federal government.
Land Productivity and Economic Development: Caloric Suitability vs. Agricultural Suitability
This paper establishes that the Caloric Suitability Index (CSI) dominates the commonly used measure of agricultural suitability in the examination of the effect of land productivity on comparative economic development. The analysis demonstrates that the agricultural suitability index does not capture the large variation in the potential caloric yield across equally suitable land, reflecting the fact that land suitable for agriculture is not necessarily suitable for the most caloric-intensive crops.
Housing Development, Local Land Conflicts and Sustainable Land-use Planning in Peri-urban Ghana
This paper examines the various ways local land conflicts affect sustainable land-use planning in peri-urban Ghana. In recent years, rapid urbanisation has resulted a high demand for customary lands for housing development in peri-urban areas in Ghana. Customary lands are continuously converted into housing uses; leading to eviction of indigenes from their farmlands. A mixed method approach was used to collect data from 40 participants from the research site, Aburaso.
La gouvernance foncière dans un contexte de pluralisme juridique chez les autochtones Aka en Centrafrique
Dans le massif forestier du Sud-ouest de la République Centrafricaine, la terre représente, une richesse inaliénable pour les peuples autochtones Aka. C’est de la terre, que les Aka communément appelés pygmées, tirent l’essentiel de leurs subsistances. Raison pour laquelle, les ressources foncières ont fait l’objet d’attention particulière de ces premiers occupants du terroir, qui les ont régies par des normes juridico traditionnelles. Ces règles, quoique fondées sur l’oralité, requiert une valeur juridique, dont l’observance s’impose à toute la communauté.