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Privatizing the Commons and Economic Degradation

Author

Listed:
  • Christopher J. Ellis

    (University of Oregon)

  • Edward Birdyshaw

    (California State University, Fresno)

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.

Suggested Citation

  • Christopher J. Ellis & Edward Birdyshaw, 2005. "Privatizing the Commons and Economic Degradation," University of Oregon Economics Department Working Papers 2005-10, University of Oregon Economics Department.
    • Handle: RePEc:ore:uoecwp:2005-10
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    File URL: http://economics.uoregon.edu/papers/UO-2005-10_Ellis_Degradation.pdf
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    More about this item

    Keywords

    Commons; Property Rights; Environmental Resource;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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