Abstract

In early public land privatization, governments in New South Wales and Buenos Aires provided forde juretransfer of public lands. In New South Wales the government lost control; squatters rushed out unlawfully and seizedde factofrontier claims. But in Buenos Aires privatization was accomplished byde juretransfers. Why did British settlers rejectde juretransfers from a government, most able to secure property rights and rule of law, while settlers of thepampafrontier, where property-rights security was doubtful, complied withde juretransfers? We find that the revenue objective and violence on the frontier explain this puzzle.

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