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Publicada porValentín Murillo Carmona Modificado hace 8 años
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CHAIN OF PROPERTY RIGHTS CADASTRE REGISTRY OFFICE MORTGAGE/REGISTRY LAW COURTS
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Effective Creditor Rights 00.10.20.30.40.50.6. AVG LAC AVG OECD Notes: Effective Creditor Rights = Creditor Rights * Rule of Law Source: Galindo and Micco(2001)
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Private Credit/GDP and Effective Creditor Rights Argentina Belize Bolivia Brazil Chile Colombia Costa Rica Dominican Republic Ecuador Guatemala Haiti Jamaica Mexico Nicaragua Panama Peru Paraguay El Salvador Trinidad & Tobago Uruguay Venezuela -60 -40 -20 0 20 40 60 80 100 120 -0.4-0.200.20.40.60.8 Effective creditor rights Private credit Coefficient: 89.6 t-statistic: 4.87 R2=0.38 Notes: Figures adjusted by GDP growth, government deficit, inflation and income per capita (log). Source: IDB/IPES(2001)
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