An Analysis on Ta-tsu Rights
Resource
經濟論文叢刊, 45(2), 299-337
Journal
經濟論文叢刊
Journal Volume
45
Journal Issue
2
Pages
299-337
Date Issued
2017-06
Date
2017-06
Author(s)
Abstract
During Ch'ing rule, much of Taiwan's land had two owners, ta-tsu (large rent right owners) and hsiao-tsu (small rent right owners). Property rights are essential for economic development, and it is often argued that a land with ta-tsu would be less well-protected. This study explains the origin of Taiwan's ta-tsu rights system, and why it was widespread in Taiwan. We argue that an area with a larger ta-tsu ratio was cultivated earlier. Did the ta-tsu system have a negative effect on agricultural investment? Our analysis shows that the negative effect, if any, was relatively minor. We also propose an explanation for the result.
Subjects
財產權
大租
小租
property rights
ta-tsu right
hsiao-tsu right
SDGs
Type
journal article
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