The formality in property rights: Determinant in the military strategy of armed actors?

The appropriation of economic resources may be seen as a means of financing, which influences the conflict’s persistence. In Colombia, land appropriation has been a recurrent strategy for illegal armed groups in order to increase their territorial control and the institutional weakness when defining property rights may facilitate illegal appropriation of these assets. The hypothesis presented in this work is that the informality of property rights positively influences the armed groups’ decision of attacking and, therefore, influences the conflict’s intensity. In order to prove this hypothesis, an econometric model is proposed, which explains the conflict’s intensity through economic, social and institutional indicators at a municipal level. The results suggest that with a greater formality in property rights, the armed attacks by the FARC and the displacement events decreases.