Type: Public event

Cooperative property rights and development: Evidence from land reform in El Salvador

Speaker

Eduardo Montero, Assistant Professor of Public Policy

Date & Time

Nov 5, 2020, 12:00-12:55 pm EST

Location

This is a Virtual Event.

In cooperative property rights systems, workers jointly own and manage production, whereas in outside-ownership systems, an owner contracts workers. Despite a rich theoretical literature on how the organization of property rights matters for equity, efficiency, and specialization, little causal evidence of their impacts exists. During a land reform in El Salvador in 1980, properties owned by individuals with cumulative landholdings over 500 hectares were reorganized into cooperatives managed by the former hacienda workers.

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