IDEAS home Printed from https://ideas.repec.org/a/bpj/ordojb/v59y2008i1p313-342n16.html
   My bibliography  Save this article

Rechtsstruktur und Evolution von Wirtschaftssystemen – Pfadabhängigkeit in Richtung Zentralisierung? / The Structure of Property Rights and the Evolution of Economic Systems – Path Independences leading into Centralization

Author

Listed:
  • Wegehenkel Lothar
  • Walterscheid Heike

Abstract

There was an expansion of decentralised systems expected after the collapse of socialist regimes with a command economy, but this failed to appear. Rather, those new systems which began by tending towards decentralisation in matters of property rights are now subtly becoming more centralized. This process is accompanied by ever more collectivisation of what was originally individual property. The intention in this paper is to outline the background of the increasing centralization and analyse the forces driving it. Particularly with regard to the structure of property rights, there is as well a tentative approach to possible ways of disrupting this move towards centralisation, so that the route back towards decentralisation may be opened up.

Suggested Citation

  • Wegehenkel Lothar & Walterscheid Heike, 2008. "Rechtsstruktur und Evolution von Wirtschaftssystemen – Pfadabhängigkeit in Richtung Zentralisierung? / The Structure of Property Rights and the Evolution of Economic Systems – Path Independences leadi," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 313-342, January.
    • Handle: RePEc:bpj:ordojb:v:59:y:2008:i:1:p:313-342:n:16
    DOI: 10.1515/ordo-2008-0116
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ordo-2008-0116
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/ordo-2008-0116?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gordon Tullock, 1969. "Federalism: Problems of scale," Public Choice, Springer, vol. 6(1), pages 19-29, March.
    2. Frey, Bruno S., 1997. "Ein neuer Föderalismus für Europa: Die Idee der FOCJ," Beiträge zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, volume 127, number urn:isbn:9783161467905, December.
    3. Richard D. Auster, 1977. "Private Markets in Public Goods (or Qualities)," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(3), pages 419-430.
    4. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    5. Schlicht, Ekkehart, 1998. "On Custom in the Economy," OUP Catalogue, Oxford University Press, number 9780198292241.
    6. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65(2), pages 135-135.
    7. Furubotn, Eirik G & Pejovich, Svetozar, 1972. "Property Rights and Economic Theory: A Survey of Recent Literature," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1137-1162, December.
    8. Schmidtchen, Dieter, 1983. "Property Rights, Freiheit und Wettbewerbspolitik," Beiträge zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, number urn:isbn:9783163446304, December.
    9. Commons, John R., 1931. "Institutional Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 21, pages 648-657.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Szakadát, László, 1996. "Új idők - szelecskék. Az új intézményi közgazdaságtan magyarországi elterjedése [New times and new breezes. The spreading of the new institutional economics in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 431-436.
    2. Persson, Torsten & Tabellini, Guido, 2002. "Political economics and public finance," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659, Elsevier.
    3. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.
    4. Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
    5. Bernholz, Peter, 1997. "Property rights, contracts, cyclical social preferences and the Coase theorem: A synthesis," European Journal of Political Economy, Elsevier, vol. 13(3), pages 419-442, September.
    6. Pies Ingo & Wockenfuß Christof, 2008. "Armutsbekämpfung versus Demokratieförderung: Wie lässt sich der entwicklungspolitische Trade-Off überwinden? / Poverty reduction versus democracy promotion? How to overcome the trade-off in developmen," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 405-440, January.
    7. Roger Congleton, 2014. "The contractarian constitutional political economy of James Buchanan," Constitutional Political Economy, Springer, vol. 25(1), pages 39-67, March.
    8. Pope, C. Arden III, 1989. "Alternative Opportunities for Allocating the Public Rangeland Resource," WAEA/ WFEA Conference Archive (1929-1995) 244844, Western Agricultural Economics Association.
    9. N/A, 1974. "Review Section : BRUCE ACKERMAN and SUSAN ROSE-ACKERMAN, DALE W. HENDERSON, and JAMES W. SAWYER, JR. (1974) The Uncertain Search for Environmental Quality. New York: The Free Press. BARRY COMMONER (19," Journal of Conflict Resolution, Peace Science Society (International), vol. 18(3), pages 536-552, September.
    10. Wang, Sen & Bogle, Tim & van Kooten, G. Cornelis, 2012. "Forestry and the New Institutional Economics," Working Papers 130818, University of Victoria, Resource Economics and Policy.
    11. Feld, Lars P. & Frey, Christian & Schaltegger, Christoph A. & Schmid, Lukas A., 2021. "Fiscal federalism and income inequality: An empirical analysis for Switzerland," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 463-494.
    12. Dieter Schmidtchen, "undated". "Wettbewerbsfreiheit, Per se Verbote und die Rule of Reason – Anmerkungen zum institutionenökonomisch-evolutionären Wettbewerbsleitbild
      Freedom to compete, per se rules and the rule of reason – Re      ," German Working Papers in Law and Economics 2006-1-1159, Berkeley Electronic Press.
    13. Janet Kiholm Smith & Richard L. Smith, 1984. "State and Local Fiscal Policy: Implications for Property Values and Economic Growth," Public Finance Review, , vol. 12(1), pages 51-76, January.
    14. Diamandescu Andrei & Grigore Maria Zenovia, 2009. "From Contractual Approach Of Firm To Theories Of Knowledge," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(1), pages 295-301, May.
    15. Martijn Huysmans & Christophe Crombez, 2020. "Making exit costly but efficient: the political economy of exit clauses and secession," Constitutional Political Economy, Springer, vol. 31(1), pages 89-110, March.
    16. Martina Eckardt & Wolfgang Kerber, 2024. "Property rights theory, bundles of rights on IoT data, and the EU Data Act," European Journal of Law and Economics, Springer, vol. 57(1), pages 113-143, April.
    17. Wallace E. Oates & Paul R. Portney & Wallace E. Oates & Paul R. Portney, 2004. "The Political Economy of Environmental Policy," Chapters, in: Environmental Policy and Fiscal Federalism, chapter 1, pages 3-30, Edward Elgar Publishing.
    18. Stavins, Robert, 2004. "Introduction to the Political Economy of Environmental Regulations," RFF Working Paper Series dp-04-12, Resources for the Future.
    19. Michael Faure & Hanneke Luth, 2011. "Behavioural Economics in Unfair Contract Terms," Journal of Consumer Policy, Springer, vol. 34(3), pages 337-358, September.
    20. Jiao Luo & Aseem Kaul, 2019. "Private action in public interest: The comparative governance of social issues," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 476-502, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:ordojb:v:59:y:2008:i:1:p:313-342:n:16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.