IMF-地籍、资产有形性和增长（英）-2026.2.pdfVIP

Cadasters,Asset

Tangibility,andGrowth

CanSever

WP/26/34

IMFWorkingPapersdescriberesearchin

progressbytheauthor(s)andarepublishedto

elicitcommentsandtoencouragedebate.

TheviewsexpressedinIMFWorkingPapersare

thoseoftheauthor(s)anddonotnecessarily

representtheviewsoftheIMF,itsExecutiveBoard,

orIMFmanagement.

2026

FEB

©2026InternationalMonetaryFundWP/26/34

IMFWorkingPaper

AfricanDepartment

Cadasters,AssetTangibility,andGrowth

PreparedbyCanSever*

AuthorizedfordistributionbyPabloLopezMurphy

February2026

IMFWorkingPapersdescriberesearchinprogressbytheauthor(s)andarepublishedtoelicit

commentsandtoencouragedebate.TheviewsexpressedinIMFWorkingPapersarethoseofthe

author(s)anddonotnecessarilyrepresenttheviewsoftheIMF,itsExecutiveBoard,orIMFmanagement.

ABSTRACT:Cadasters—recordsoflandandpropertyownership—constituteanimportantpillarofacountry’s

institutionallandscapebyenablingtheassignmentofpropertyrights.Thispaperexaminestheimpactof

cadastersonlong-termeconomicgrowthbyidentifyingaspecificchannelinthislink:assettangibility.It

hypothesizesthatthemoreafirm’sassetsaretangible,themorerelevantcadastersbecome.Theanalysisuses

across-countrydatasetoncadasterstogetherwithgranulardatafromindustrypanelsoverthelastsixdecades.

Theresultsshowthatthedevelopmentofcadastersfosterslong-termgrowth,particularlyinindustrieswithhigh

assettangibility.Higherinvest