“…Unsecured property rights over land may also reduce investment incentives because of the fear of expropriation and because it serves as an obstacle to acquiring capital and equity (Deininger, 2003;Frey, Infante, & Manzanilla, 1979;Lai et al, 2014). Others have therefore argued that clear property rights over land will improve the transfer of assets and promote efficient land resource allocation (Buchanan & Yoon, 2000;Halleux, Marcinczak, & Van der Krabben, 2012).De Soto (2001) has been very influential in arguing that formal rights over land can for instance help land owners to get access to credit markets.…”