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Private Property Rights (private + property_right)

Distribution by Scientific Domains

Humanities and Social Sciences	37%
Business, Economics, Finance and Accounting	37%

Selected Abstracts

THE IMPORTANCE OF PRIVATE PROPERTY RIGHTS FOR ECONOMIC GROWTH: THE CASE OF RURAL CHINA, 1979,1987

ECONOMIC PAPERS: A JOURNAL OF APPLIED ECONOMICS AND POLICY, Issue 2 2006
IAN WILLS
This is an extended and slightly revised version of an article by Wills and Yang published in Policy, Vol. 9, No. J, Autumn 1993. The article was derived from a paper by Yang, Wang and Wills published in the China Economic Review in 1992. The idea for the empirical study, the analytical model and the procedure for quantifying changes in property rights came from Xiaokai Yang. The study illustrates his ability to apply inframarginal concepts to real problems. [source]

THE MORECAMBE BAY COCKLE PICKERS: MARKET FAILURE OR GOVERNMENT DISASTER?

ECONOMIC AFFAIRS, Issue 3 2004
John Meadowcroft
The tragic deaths of twenty-three young Chinese cockle pickers in Morecambe Bay on the Lancashire coast have been attributed to the machinations of global capitalism. In fact, these migrant workers came to the UK to escape the poverty created by socialism in China and were working under a regime of state-regulated access to the cockle beds. An alternative market-orientated regime of private property rights in the cockle beds might have prevented the tragedy. [source]

Property Rights and Public Interests: A Wyoming Agricultural Lands Study

GROWTH AND CHANGE, Issue 1 2002
Katherine Inman
Rocky Mountain states have experienced unprecedented growth as agricultural land is converted to residences. Preservation efforts meet with protest from private landholders claiming public efforts undermine private property rights. This paper explores the degree to which respondents think management of agricultural lands is a public versus a private matter. Data are from a Sublette County, Wyoming, mail survey. Results are relevant to many western counties having public lands and high growth rates. They suggest that landowners, wage earners, college graduates, and those who value the county's rural community lifestyle support public management strategies. Well-established residents and those with economic reasons for living in the county support private management strategies. [source]

VORACIOUS TRANSFORMATION OF A COMMON NATURAL RESOURCE INTO PRODUCTIVE CAPITAL,

INTERNATIONAL ECONOMIC REVIEW, Issue 2 2010
Frederick Van Der Ploeg
I analyze a power struggle where competing factions have,private,financial assets and deplete a,common,stock of natural resources with no private property rights. I obtain a feedback Nash equilibrium to the dynamic common-pool problem and obtain political variants of the Hotelling depletion rule and the Hartwick saving rule. Resource prices and depletion occur too fast, so substitution away from resources to capital occurs too fast and the saving rate is too high. The power struggle boosts output, but depresses sustainable consumption. Genuine saving is nevertheless zero in a fractionalized society. World Bank estimates may be too optimistic. [source]

Parsing the public domain

JOURNAL OF THE AMERICAN SOCIETY FOR INFORMATION SCIENCE AND TECHNOLOGY, Issue 11 2005
Terrence A. Maxwell
This article explores the use of the term public domain in the American context and finds that the symbol is subject to multiple meanings. Using historical and content analysis, the analysis explores the various uses of the term and provides a preliminary taxonomy for subsequent analysis and theory building. In conclusion, it suggests that more coherent information policies regarding national and international information access, creativity, governance, and private property rights will require a better understanding and delineation of the use of public domain in legislative and common practice. [source]

Shellfish aquaculture and First Nations' sovereignty: The quest for sustainable development in contested sea space

NATURAL RESOURCES FORUM, Issue 2 2010
Alyssa L. Joyce
Abstract Aquaculture tenures or leases have become an increasingly important management tool for regulating access rights to coastal and offshore marine habitat. Tenure, as a form of private property rights to marine space, is generally considered a prerequisite for aquaculture development, as are the associated exclusive access rights which provide necessary incentives for producers to invest in infrastructure. The shellfish industry in British Columbia (BC), Canada, is presented as a case study of a transition from a primarily common property wild fishery to a rights-based system for aquaculture. In BC, seafood production has grown substantially during the past two decades as a result of aquaculture production. However, despite the inherent economic advantages of the tenuring system for increasing seafood production, rights to aquaculture sites in BC remain highly controversial, particularly in response to environmental concerns and infringements on Aboriginal territorial claims. Shellfish farming has, to-date, been far less controversial than salmon farming; however, shellfish aquaculture has not been uniformly adopted across the province, and analyses of industry capacity or economic opportunities for coastal communities have failed to adequately explain development patterns. This paper, which identifies perceptions of the risks and benefits of the shellfish aquaculture tenuring system, presents the results of 56 interviews conducted with individuals involved in shellfish production in BC. Results indicate that heightened perceptions of risk about shellfish aquaculture tenuring are related to unresolved Aboriginal territorial claims, economic dependence on wild shellfish resources, as well as place-based values favouring access to wild resources. Underlying values and cultural understandings also strongly shape public perceptions of the risks of aquaculture, and as such, influence local decisions to either accept or resist industry growth. In this case, interviewees' risk perceptions were found to be more important indicators of the potential for industry expansion than studies of capacity or economic cost-benefit analyses. [source]

The tragedy of the commons: property rights and markets as solutions to resource and environmental problems

AUSTRALIAN JOURNAL OF AGRICULTURAL & RESOURCE ECONOMICS, Issue 1 2009
Gary D. Libecap
In one way or another, all environmental and natural resource problems associated with overexploitation or under provision of public goods, arise from incompletely defined and enforced property rights. As a result private decision makers do not consider or internalize social benefits and costs in their production or investment actions. The gap between private and social net returns results in externalities , harmful effects on third parties: overfishing, excessive air pollution, unwarranted extraction or diversion of ground or surface water, extreme depletion of oil and gas reservoirs. These situations are all examples of the ,The Tragedy of the Commons'. In this paper, I consider options for mitigating the losses of open access: common or group property regimes, government tax and regulation policy, more formal private property rights. I briefly summarize the problems and advantages of each option and describe why there has been move toward rights-based instruments in recent years: ITQ (individual transferable quotas), tradable emission permits, and private water rights. Introductions to the papers in the special issue follow. [source]

Fishing Rights as an Example of the Economic Rhetoric of Privatization: Calling for an Implicated Economics,

CANADIAN REVIEW OF SOCIOLOGY/REVUE CANADIENNE DE SOCIOLOGIE, Issue 3 2000
Melanie G. Wiber
Au cours des dernières années, toutes les sciences sociales ont eu à produire des travaux de recherche aux répercussions d'ordre public. Mais dans quelle mesure ces sciences sociales devraient-elles inter-venir dans le domaine de l'ordre public quand leurs recommandations dans ce domaine créent des situations inattendues et préjudiciables? Dans cet article, nous nous penchons sur cette question en étudiant l'exemple de l'économie et des modèles de droits privés de propriété dans les pêcheries des provinces de l'Atlantique. Ces modèles sont comparés et mis en contraste avec les modèles anthropologiques et juridiques afin de montrer dans quel domaine et pour quelle raison l'économie s'est égarée dans l'élaboration de modèles de droits de propriété sur les ressources halieutiques. De ce fait, les recommandations de politique économique en matière de droits de propriéte dans l'industrie de la pêche sont erronées. En conclusion, nous proposons que les économistes soignent leur rhétorique afin de susciter des attentes et de créer des solutions qui donnent un caractère plus raisonnable à leurs recommandations. In recent years, all the social sciences have come under pressure to produce research that has public policy implications. But how implicated should those social sciences be when their policy advice leads to unexpected and perhaps detrimental outcomes? This paper explores this issue using the example of economics and private property rights in the Canadian Maritime fisheries. It compares and contrasts economic models of property rights with those in anthropology and law to show where and why economics has gone astray in its fish property rights models. It suggests that, having gone astray, economic policy advice on fisheries property systems is flawed. It concludes that economists should pay more attention to the role of their rhetoric in the construction of expectations and outcomes that make their recommendations seem the more reasonable. [source]