Совместный научный семинар МИЭФ и ЛФЭ, Коэн Схоорс (Ghent University)
Докладчик: Коэн Схоорс (Ghent University)
Тема доклада: "A “de Soto Effect” in Industry? Evidence from the Russian Federation"
В четверг, 2 октября в 16.40 в ауд. 3211 (ул. Шаболовка, 26) прошел научный семинар Международного института экономики и финансов и Международной лаборатории финансовой экономики.
Докладчик: Коэн Схоорс (Ghent University)
Тема доклада: "A “de Soto Effect” in Industry? Evidence from the Russian Federation"
Тезисы доклада: The strengthening of land rights has been proposed as a policy to reduce financial market frictions and promote private investment in low and middle income countries. But assessments of these potential effects have proven inconclusive. One reason may be that research has focused on actors that face difficulties accessing credit for reasons other than the security of land tenure. We explore the effect of greater tenure security in a setting in which non-land-related financial market frictions are apt to be mild – i.e., among large, urban, industrial enterprises. Exploiting policy variation across Russian regions and firm-level survey data, we show that private land rights facilitate credit access and promote investment.