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Private Sector Participation in Natural Resource Management: What Relevance in Developing Countries?

Author

Listed:
  • Johnstone, Nick
  • Bishop, Joshua

Abstract

In this paper we are concerned with private sector participation in natural resource management in developing countries. The paper addresses both the establishment (or formalisation) of private property rights to natural resources, and the private markets in which such rights are exchanged. The paper examines a number of different natural resources: irrigation water, potable water, fisheries, and forest land. It is argued that private sector participation in natural resource management has the potential to secure significant environmental benefits, but that the optimal form which such participation takes is dependent upon the characteristics of the resource in question. Irrespective of the resource and the form of private sector participation adopted, regulatory capacity is key to securing public environmental benefits.

Suggested Citation

  • Johnstone, Nick & Bishop, Joshua, 2007. "Private Sector Participation in Natural Resource Management: What Relevance in Developing Countries?," International Review of Environmental and Resource Economics, now publishers, vol. 1(1), pages 67-109, May.
    • Handle: RePEc:now:jirere:101.00000002
    DOI: 10.1561/101.00000002
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    Cited by:

    1. Natalia Vasilenko & Marck Khaykin & Natalia Kirsanova & Arunas Lapinskas & Larisa Makhova, 2020. "Issues for Development of Economic System for Subsurface Resource Management in Russia through Lens of Economic Process Servitization," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 44-48.

    More about this item

    Keywords

    Fishery; Forestry; Land; Water; Renewable Resources and Conservation – Government Policy; Environment and Development; Property Rights; Infrastructure;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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