?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Feprints.imtlucca.it%2F45%2F&rft.title=Credibly+Committing+to+Property+Rights%3A+The+Roles+of+Precedent+and+the+Constitution.&rft.creator=Melton%2C+James&rft.subject=JA+Political+science+(General)&rft.subject=K+Law+(General)&rft.description=In+cross-national+studies%2C+scholars+typically+ignore+the+moderating+effect+of+credibility+on+the%0D%0Arelationship+between+property+rights+protection+and+economic+growth.+However%2C+both+theory%0D%0Aand+case+evidence+suggest+that+credibility+is+necessary+for+this+relationship+to+exist.+Using+panel%0D%0Adata+spanning+more+than+100+countries+from+1985-2005%2C+this+paper+investigates+if+two+credibility%0D%0Amechanisms+-+precedent+and+the+constitution+-+moderate+the+relationship+between+property+rights%0D%0Aprotection+and+economic+growth.+The+findings+suggest+that+a+credible+commitment+to+property%0D%0Arights+protection+is+a+necessary+condition+for+such+protection+to+enhance+economic+performance.%0D%0AThe+implications+of+these+findings+are+twofold%3A+1)+property+rights+reforms+are+unlikely+to+be%0D%0Asuccessful+in+countries+that+cannot+credibly+commit+to+those+reforms%2C+and+2)+unsuccessful+property%0D%0Arights+reforms+at+present+may+reduce+the+likelihood+that+future+reforms+will+be+successful.&rft.date=2010-09-24&rft.type=Working+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Feprints.imtlucca.it%2F45%2F1%2Fmelton2010a1.pdf&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Feprints.imtlucca.it%2F45%2F2%2Fmelton2010a2.pdf&rft.identifier=++Melton%2C+James++Credibly+Committing+to+Property+Rights%3A+The+Roles+of+Precedent+and+the+Constitution.++Working+Paper+++++++(Unpublished)+++