International trade with endogenous enforcement of property rights
Identifieur interne : 001B37 ( Main/Exploration ); précédent : 001B36; suivant : 001B38International trade with endogenous enforcement of property rights
Auteurs : Louis Hotte [Belgique] ; Ngo Van Long [Canada] ; Huilan Tian [Canada]Source :
- Journal of Development Economics [ 0304-3878 ] ; 2000.
Abstract
We model the endogenous evolution of the de facto property rights regime and explore the impact of trade on de facto property rights regimes and on welfare. The model takes into account the dynamics of the stocks of natural resources, and the effect of trade on resource utilization. We show that the opening of trade can change the de facto property rights regime of an economy. Such changes may lead to a greater stock of resource, but are not always beneficial to society due to the enforcement costs. Thus, the opening of trade can be harmful.
Url:
DOI: 10.1016/S0304-3878(00)00074-2
Affiliations:
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The model takes into account the dynamics of the stocks of natural resources, and the effect of trade on resource utilization. We show that the opening of trade can change the de facto property rights regime of an economy. Such changes may lead to a greater stock of resource, but are not always beneficial to society due to the enforcement costs. Thus, the opening of trade can be harmful.</div></front></TEI><affiliations><list><country><li>Belgique</li><li>Canada</li></country><region><li>Québec</li></region><settlement><li>Montréal</li></settlement><orgName><li>Université McGill</li></orgName></list><tree><country name="Belgique"><noRegion><name sortKey="Hotte, Louis" sort="Hotte, Louis" uniqKey="Hotte L" first="Louis" last="Hotte">Louis Hotte</name></noRegion></country><country name="Canada"><region name="Québec"><name sortKey="Long, Ngo Van" sort="Long, Ngo Van" uniqKey="Long N" first="Ngo Van" last="Long">Ngo Van Long</name></region><name sortKey="Long, Ngo Van" sort="Long, Ngo Van" uniqKey="Long N" first="Ngo Van" last="Long">Ngo Van Long</name><name sortKey="Tian, Huilan" sort="Tian, Huilan" uniqKey="Tian H" first="Huilan" last="Tian">Huilan Tian</name></country></tree></affiliations></record>Pour manipuler ce document sous Unix (Dilib)
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