Abstract of associated article: We study how different regimes of access rights to renewable natural resources – namely open access versus full property rights – affect sustainability, growth and welfare in the context of modern endogenous growth theory. Resource exhaustion may occur under both regimes but is more likely to arise under open access. Moreover, under full property rights, positive resource rents increase expenditures on manufacturing goods and temporarily accelerate productivity growth, but also yield a higher resource price at least in the short-to-medium run. We characterize analytically and quantitatively the model׳s dynamics to assess the welfare implications of differences in property rights enforcement
This chapter focuses on how the lack of property rights in North-South trade of primary resources ca...
The focus of this paper is to test whether free market institutions that protect property rights and...
This paper explores how the dynamic management of a non-renewable resource is affected by an endogen...
This paper explores the role of renewable resources in a tractable model of endogenous growth driven...
<p>This dissertation presents two essays on endogenous growth and renewable resources.</p><p>The fir...
Background: Property rights to natural resources comprise a major policy instrument in efforts to ad...
In this dissertation I study how the structure of property rights is shaped by the benefits and cost...
Property rights to natural resources comprise a major policy instrument for those seeking to advance...
This paper introduces endogenous property rights into a neoclassical growth model. 1t identifies a m...
Trade changes incentives to protect an open-access natural resource independently of its effect on t...
We study how the strength of property rights to individual extractive firms affects a regulator’s ch...
We analyze a dynamic two-country trade model between a technological leading country and a natural r...
this paper we introduce missing property rights into three popular models of economic growth and com...
This paper presents a growth model in which property rights are insecure and costly to enforce. Loss...
doi:10.1016/j.jeem.2007.09.001 2Our specific notion of property rights insecurity is similar to regu...
This chapter focuses on how the lack of property rights in North-South trade of primary resources ca...
The focus of this paper is to test whether free market institutions that protect property rights and...
This paper explores how the dynamic management of a non-renewable resource is affected by an endogen...
This paper explores the role of renewable resources in a tractable model of endogenous growth driven...
<p>This dissertation presents two essays on endogenous growth and renewable resources.</p><p>The fir...
Background: Property rights to natural resources comprise a major policy instrument in efforts to ad...
In this dissertation I study how the structure of property rights is shaped by the benefits and cost...
Property rights to natural resources comprise a major policy instrument for those seeking to advance...
This paper introduces endogenous property rights into a neoclassical growth model. 1t identifies a m...
Trade changes incentives to protect an open-access natural resource independently of its effect on t...
We study how the strength of property rights to individual extractive firms affects a regulator’s ch...
We analyze a dynamic two-country trade model between a technological leading country and a natural r...
this paper we introduce missing property rights into three popular models of economic growth and com...
This paper presents a growth model in which property rights are insecure and costly to enforce. Loss...
doi:10.1016/j.jeem.2007.09.001 2Our specific notion of property rights insecurity is similar to regu...
This chapter focuses on how the lack of property rights in North-South trade of primary resources ca...
The focus of this paper is to test whether free market institutions that protect property rights and...
This paper explores how the dynamic management of a non-renewable resource is affected by an endogen...