Abstract

This article using the database of Taiwanese land property lawsuits studies the economic effects of rainfalls on land property lawsuits during the period of Japanese colonial rule (1920–1941). The results obtained from basic ordinary least squares indicate that it shows no significant influences. However, an interesting result is that, when we adopt the approach of two stage least squares and use the variables of temperature and evaporation as the instrument variables of rainfalls, we find that there are highly significant influences on the lawsuits of land property. If 1 year comes with low average rainfalls, it means that the costs of productive inputs increase, because the available natural resource will decrease, and brings the distorted using of land property.

Highlights

  • Among developing and developed countries, agricultural productivity is an important and decided factor of economic growth

  • The growth rate from the agricultural lands is always lower than that from the population, and in turn people would care about their own land property so that more and more disputes from land lawsuits occur in these countries

  • A negative shock from rainfalls will significantly reduce the land disputes if we can follow the arguments discussed by Brückner and Ciccone (2011), but, following our results, we find that a rainfall-abundant country will decrease its social disputes or conflicts as long as rainfalls are more stable

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Summary

Introduction

Among developing and developed countries, agricultural productivity is an important and decided factor of economic growth. These researches figured out a fact that the rainfalls variable is a key factor on effects between economic activities, social stability, and degree of national democracy development. This article studies the empirical influences on land property lawsuits in relations to rainfalls, according to the Taiwanese database during the period of Japanese colonial rule (1920–1941).

Results
Conclusion

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