식민지기 부동산등기와 재산권명시체계

Property Registration and Representative Property Systemin Colonial Korea: An Empirical Study of the Economic Growth

식민지 조선과 현대 한국의 경제적 발전이 제도주의적 모형과 de Soto의 재산권 명시 체계 개념에의해 설명될 수 있는지와 관련, 식민지기 토지조사사업 이후 부동산등기 관련 자료들과 경제성장과의관계를 실증적으로 검토한 결과 1918년 토지조사사업의 종료 즈음하여 부동산등기 및 연관된 지표들의지수적 성장이 구조변화 검정에서 확인되었다. 또 부동산등기와 저당권설정, 은행대출, GDP 등의 변수들이 Johansen 공적분 관계를 형성하고 있으며 부동산등기는 상사회사, 제조업산출, GDP에 일방적Granger인과관계를 가지는 것으로 나타났다.

1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study is to investigate de Soto(2000)’s model of representative property system in the Colonial Korea empirically. (2) RESEARCH METHOD This study was carried out by the method of time series analysis, including unit root test, Johansen cointegration test and Granger causality as well as the structural change test. (3) RESEARCH FINDINGS In the results of this survey, Johansen cointegration test shows that property registration, collateral, bank loan and GDP are cointegrated with each other. Granger causality is exhibited from property registry to GDP, company number and manufacture output, not vice versa.. 2. RESULTS This study shows that the number of the Property Registration was drastically increased after the Land Survey Project was completed in 1918, alongside the collateral and bank loan.