Some Considerations Relating to Property Rights in Man

1973 ◽  
Vol 33 (1) ◽  
pp. 43-65 ◽  
Author(s):  
Stanley L. Engerman
Keyword(s):  
Property Rights ◽  
Economic Activity ◽  
Common Property ◽  
National Income ◽  
Economic Resources ◽  
Entire Population ◽  
Final Consumption ◽  
Time Period ◽  
And Control

The existence of property rights affects the allocation and distribution of economic resources. The exclusive rights to ownership and control over assets leads to a different level and pattern of economic activity than would occur if these assets remained unowned or “common property.” While property rights are frequently subject to various constraints imposed by law or custom, within these bounds owners are free to use their resources to achieve their desired ends. Resources may be sold in an exchange of property rights, rented for a specified time period in exchange for some quid pro quo, or employed (or kept idle) by the owner himself. The owner's welfare function will include the income (or other utility) derived from use of the resource, while, for purposes of measuring national income, the final consumption of the entire population would be included.

Mechanisms of Global Governance: Economic Analysis

2013 ◽  
pp. 4-28 ◽  
Author(s):  
L. Grigoryev ◽  
A. Kurdin
Keyword(s):  
Property Rights ◽  
Economic Analysis ◽  
Global Governance ◽  
International Organizations ◽  
Economic Activity ◽  
Global Level ◽  
Narrow Sense ◽  
Key Characteristics ◽  
Global Problems

The coordination of economic activity at the global level is carried out through different mechanisms, which regulate activities of companies, states, international organizations. In spite of wide diversity of entrenched mechanisms of governance in different areas, they can be classified on the basis of key characteristics, including distribution of property rights, mechanisms of governance (in the narrow sense according to O. Williamson), mechanisms of expansion. This approach can contribute not only to classifying existing institutions but also to designing new ones. The modern aggravation of global problems may require rethinking mechanisms of global governance. The authors offer the universal framework for considering this problem and its possible solutions.

scholarly journals The influence of common property rights on forest management policy: a case study in Sardinia region, Italy

2012 ◽  
Vol 56 (1) ◽  
pp. 16-26 ◽  
Author(s):  
Alessandro Paletto ◽  
Isabella De Meo ◽  
Fabrizio Ferretti
Keyword(s):  
Forest Management ◽  
Property Rights ◽  
Common Property ◽  
Private Property ◽  
Local Development ◽  
Management Policy ◽  
Private Forests ◽  
The Public ◽  
The Common

Abstract The property rights and the type of ownership (private owners, public domain and commons) are two fundamental concepts in relationship to the local development and to the social and environmental sustainability. Common forests were established in Europe since the Middle Ages, but over the centuries the importance of commons changed in parallel with economic and social changes. In recent decades, the scientific debate focused on the forest management efficiency and sustainability of this type of ownership in comparison to the public and private property. In Italy common forests have a long tradition with substantial differences in the result of historical evolution in various regions. In Sardinia region the private forests are 377.297 ha, the public forests are 201.324 ha, while around 120.000 ha are commons. The respect of the common rights changed in the different historical periods. Today, the common lands are managed directly by municipalities or indirectly through third parties, in both cases the involvement of members of community is very low. The main objective of the paper is to analyse forest management differences in public institutions with and without common property rights. To achieve the objective of the research the forest management preferences of community members and managers were evaluated and compared. The analysis was realized through the use of the principal-agent model and it has been tested in a case study in Sardinia region (Arci-Grighine district). The analysis of the results showed that the categories of actors considered (members of community, municipalities and managers) have a marked productive profile, but municipalities manage forests perceiving a moderate multifunctionality. Moreover, the representatives of the municipalities pay more attention to the interests of the collectivity in comparison to the external managers. They also attribute high importance to environmental and social forest functions.

scholarly journals Balancing wood market demand and common property rights: a case study of a community in the Italian Alps

2014 ◽  
Vol 19 (5) ◽  
pp. 417-426 ◽  
Author(s):  
Alessandro Paletto ◽  
Isabella De Meo ◽  
Maria Giulia Cantiani ◽  
Dario Cocciardi
Keyword(s):  
Property Rights ◽  
Common Property ◽  
Market Demand ◽  
Italian Alps

scholarly journals Sustainability and Depletion Accounting: A Case Study of Oil in Libya

2017 ◽  
Vol 7 (1) ◽  
pp. 34 ◽  
Author(s):  
Abdulrazag Mohamed Etelawi ◽  
Keith A. Blatner ◽  
Jill McCluskey
Keyword(s):  
Sustainable Development ◽  
Planning Process ◽  
National Income ◽  
Policy Makers ◽  
The Sustainable Development ◽  
Time Period ◽  
Oil Resources ◽  
Income Development ◽  
Per Capita ◽  
High Level

There is a strong need to study sustainability and depletion accounting of oil in the Libyan economy because oil production and export is the single largest source of national income in the country. This study covers the time period from 1990 to 2009. Throughout this period, the Libyan national economy used its oil and petroleum industries to increase national income. Development sustainability can be defined as investment divided by GDP. This measure provides an indication of the low level of sustainable development in Libya over the period of analysis, which is 0.38 on average. It is important that the Libyan government develop and implement plans and strategies for achieving sustainability and the maintenance of oil resources.Carbon dioxide emissions provide another indication of the presence or absence of sustainability. The ratio of carbon dioxide ranged from a minimum of 8.50 metric tons per capita in 1990 to 10.00 metric tons per capita in 2009 and average 9.07 metric tons per capita over the course of the study period. CO2 emissions were also much higher than other countries in the Middle East and North Africa. This suggests there was relatively little interest in the sustainable development of the Libyan economy during this period. The Environment Domestic Product (EDP) increased sharply from the beginning of the study at $24.23 billion in 1991 to $45.87 billion in 2009 in constant dollars. Again, one can infer that policy makers did not consider the depletion of oil resources and the environment in their planning process, or at least did not place a high level of concern on this issue.

scholarly journals Does intellectual property rights protection affect UK and US outward FDI and earnings from FDI? A sectoral analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Glauco De Vita ◽  
Constantinos Alexiou ◽  
Emmanouil Trachanas ◽  
Yun Luo
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Economic Activity ◽  
Outward Fdi ◽  
Content Type ◽  
Intellectual Property Rights Protection ◽  
The Us ◽  
Disaggregated Data ◽  
The Impact

PurposeDespite decades of research, the relationship between intellectual property rights (IPRs) and foreign direct investment (FDI) remains ambiguous. Using a recently developed patent enforcement index (along with a broader IPR index) and a large sectoral country-to-country FDI dataset, the authors revisit the FDI-IPR relationship by testing the impact of IPRs on UK and US outward FDI (OFDI) flows as well as earnings from outward FDI (EOFDI).Design/methodology/approachThe authors use disaggregated data for up to 9 distinct sectors of economic activity from both the US and UK for OFDI flows and EOFDI, for a panel of up to 42 developed and developing countries over sample periods from 1998 to 2015. The authors employ a panel fixed effects (FE) approach that allows exploiting the longitudinal properties of the data using Driscoll and Kraay's (1998) nonparametric covariance matrix estimator.FindingsThe authors do not find any consistent evidence in support of the hypothesis that countries' strength of IPR protection or enforcement affects inward FDI, or that sector of investment matters. The results prove robust to sensitivity checks that include an alternative broader measure of IPR strength, analyses across sub-samples disaggregated according to the strength of countries' IPRs as well as developing vs developed economies and an extended specification accounting for dynamic effects of the response of FDI to both previous investment levels and IPR (patent) protection.Originality/valueThe authors make use of the largest most granular sectoral country-to-country FDI dataset employed to date in the analysis of the FDI-IPR nexus with disaggregated data for OFDI and EOFDI across up to 9 distinct sectors of economic activity from both the US and UK The authors employ a more sophisticated measure of IPR strength, the patent index proposed by Papageorgiadis et al. (2014), which places emphasis on the effectiveness of enforcement practices as perceived by managers, together with the overall administrative effectiveness and efficiency of the national patent system.

scholarly journals Administración del agua y los recursos de la nación: la Junta Federal de Mejoras Materiales, Ciudad Juárez, Chihuahua, 1931-1936

2017 ◽  
Vol 29 (70) ◽  
Author(s):  
María Del Carmen Zetina Rodríguez ◽  
Rutilio García Pereyra ◽  
Efraín Rangel Guzmán
Keyword(s):  
Water Management ◽  
Water Resources ◽  
General Purpose ◽  
Economic Resources ◽  
Public Works ◽  
Background Information ◽  
Ciudad Juarez ◽  
Historical Archives ◽  
Loss Of Autonomy ◽  
And Control

El gobierno constituyó la Junta Federal de Mejoras Materiales para administrar y controlar los recursos económicos y la construcción de obras públicas en las fronteras y los puertos de México. El objetivo general de esta investigación fue analizar cómo se instauró y funcionó dicho organismo en Ciudad Juárez, en el contexto de la centralización/federalización de los recursos hídricos del país, de 1931 a 1936; para ello se revisaron los archivos históricos. Una de las limitaciones del estudio fue el desconocimiento de los antecedentes de la administración de los recursos hídricos en este poblado. Por lo que su aportación amplía el conocimiento escaso que había sobre el funcionamiento de las juntas en las fronteras. Entre los descubrimientos se puede citar que en el Ayuntamiento de Juárez, la pérdida de autonomía en la administración de las aguas se sumó a un despojo material y económico, en el que intervinieron varias instituciones y dependencias de gobierno. Water management and the nation’s resources: the Federal Board of Material Improvements, Ciudad Juarez, Chihuahua, 1931-1936The government constituted the Federal Board of Material Improvements in order to manage and control the economic resources and the construction of public works at México’s borders and ports. The general purpose of this research was to analyze how this agency was established and operated in Ciudad Juarez, in the context of the centralization/federalization of the country’s water resources, from 1931 to 1936, and, to this end, the historical archives were reviewed. One of the study’s limitations was the lack of background information about the management of the water resources in this town. Its contribution broadens the scarce existing knowledge about the boards’ functioning at the borders. Among the findings made, it can be mentioned that in the municipality of Juarez the loss of autonomy concerning water management was accompanied by a material and economic dispossession, in which several government institutions and agencies participated.

scholarly journals Organization and management of the development of ecological tourism in a circular economy

2021 ◽  
Vol 255 ◽  
pp. 01026
Author(s):  
Oleksii Hutsaliuk ◽  
Iuliiа Bondar ◽  
Nataliіа Sereda ◽  
Oksana Babych ◽  
Inna Shchoholieva
Keyword(s):  
Sustainable Development ◽  
Natural Resources ◽  
Circular Economy ◽  
Economic Model ◽  
Economic Activity ◽  
Social Economic ◽  
Economic Resources ◽  
Modern World ◽  
Organization And Management ◽  
Ecological Tourism

In the modern world, the question of the interaction of society and nature is one of the most acute problems among those facing humanity. Today, rapid economic development is causing a significant increase in the use and, consequently, depletion of natural resources. This necessitates the search for a new economic model that could break the link between economic growth and the depletion of natural resources. The study substantiates the theoretical aspects of eco-tourism as an important component of the strategy of sustainable development of tourism in Ukraine. The priority directions of sustainable development of tourism in the context of modernization of economic activity of Ukraine are outlined. The main directions of greening of the tourist sphere are considered. The main functions and principles of eco-tourism are formed and the relevance of the research and the need to develop prospects for the development of eco-tourism in Ukraine are substantiated. The concept of circular economy is a new economic model that manages the development of ecotourism, which allows to resolve the growing contradiction between the need to meet the growing needs of tourists and the limited number of natural, social, economic resources of host destinations in a deteriorating environment.

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