The Comprehensive Agrarian Reform Program and Coase theorem
The prohibition of the sale or usufruct of land under the Comprehensive Agrarian Reform Law has, in effect, destroyed the legal rural land market and, in its wake, the legal rural credit market. These markets have gone underground resulting in very high transactions cost and threatened bankruptcy to...
Izdano u: | The Philippine Review of Economics Vol. XL, No. 1 (June 2003), p. [109]-114. |
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Glavni autor: | |
Resource Type: | Analytics |
Jezik: | English |
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2003.
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Teme: | |
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