In brief, whether the decentralization level affects the degree of property rights protection or not lies in the value of q.
The "Level of decentralization and degree of property rights protection: correlation analysis" and "Hypothesis test" sections will discuss the causes of such differences and its mechanism, which supports our theoretical hypothesis.
Ober says decentralization, high degree of cooperation, high levels of specialization, innovation, mobility of people, goods and ideas, and fair rules and competitive emulation helped the Greeks build hundreds of prosperous and democratic states all over the Mediterranean.
Comparing Table 4 with Table 5, there exists a clear correlation between the level of decentralization and the degree of property rights protection in each province.
We find a significant correlation between this version of level of decentralization and the degree of property rights protection for privately run coal mines in each province.
After the above revisions, we can begin discussing the relationship between the level of decentralization and the degree of property rights protection.
We intend to use this theory to theoretically deduce how the level of decentralization affects the degree of private property rights protection.
In order to better discuss how the level of decentralization affects the degree of private property rights protection, two extreme conditions must be excluded.
As shown, empirical study of the campaign implementation in each province has revealed a significant correlation between the level of decentralization and the degree of private property rights protection, but whether the assumption and mechanism of the hypothesis is significant needs further testing.
Second, we show that the inference from the hypothesis is true, namely that the reason why the level of decentralization affects the degree of property rights is because it can influence investors' resistance costs, thereby affecting the levels of restriction experienced by local officials.
