Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/212721
Authors: 
Pyle, William
Schoors, Koen
Year of Publication: 
2011
Series/Report no.: 
BOFIT Discussion Papers No. 33/2011
Abstract: 
Russia's tremendous inter-regional variation in the pace of industrial land rights reform has meant that geography has helped determine the current tenure status of firms' production plots as much as any individual firm characteristics. By exploiting both this difference in the pace with which land reform has been carried out across Russia's federal subjects and a unique micro-level dataset, we present evidence strongly consistent with the proposition that more secure rights to land facilitate access to external financing. This finding is confirmed by other evidence from the survey that points to private land serving as an important source of collateral for Russian lenders and borrowers.
Subjects: 
industrial land
property rights
Russia
collateral
JEL: 
O16
P25
P31
R14
R52
Persistent Identifier of the first edition: 
ISBN: 
978-952-462-728-3
Document Type: 
Working Paper

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