Arbeitspapier
Customary Land Conversion in African Cities
We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which affects land markets in non-trivial ways. Both tenure risk and asymmetric information cause the city extent and population to be too small. Empirical tests of the model for Bamako, Mali, confirm the existence of tenure insecurity and information asymmetry in the primary but not in the secondary land market, consistently with information revelation after initial sales by customary holders.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 16462
- Classification
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Wirtschaft
Microeconomic Analyses of Economic Development
Land Use Patterns
Capitalist Systems: Property Rights
- Subject
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urbanization
land markets
property rights
land tenure formalization
market failure
- Event
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Geistige Schöpfung
- (who)
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Picard, Pierre M.
Selod, Harris
- Event
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Veröffentlichung
- (who)
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Institute of Labor Economics (IZA)
- (where)
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Bonn
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Picard, Pierre M.
- Selod, Harris
- Institute of Labor Economics (IZA)
Time of origin
- 2023