Privatizing the Commons and Economic Degradation
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Date
2005-05-01
Authors
Ellis, Christopher J.
Birdyshaw, Edward Leon, 1969-
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon, Dept of Economics
Abstract
We develop a dynamic model of the exploitation of an environmental resource with endogenous property rights. We are able to explain both the evolution of property rights and environmental quality. In some circumstances the time path of environmental quality is U-shaped and resembles an Environmental Kuznets Curve. However this patern derives from changes in the property rights regime, not from changes in income.
Description
17 p.
Keywords
Commons, Property rights, Environmental resource