“Public money for public goods” and property rights

2022 ◽  
pp. 63-76
Author(s):  
Irene Antonopoulos
Keyword(s):  
Property Rights ◽  
Public Goods ◽  
Public Money

Grosser Wert und wenig Geld? Über die Honorierung von Waldleistungen | Highly Valuable But Hardly Remunerative? On Compensating Forest Benefits

1999 ◽  
Vol 150 (2) ◽  
pp. 41-48 ◽  
Author(s):  
Ingrid Kissling-Näf
Keyword(s):  
Social Change ◽  
Property Rights ◽  
Social Welfare ◽  
Public Goods ◽  
Market Failure ◽  
Public Funding ◽  
Forest Products ◽  
Marketing Strategies ◽  
Economic Perspective ◽  
Financial Compensation

Forests provide people with a variety of services and products (protection against avalanches, walking trails, etc.). Most forest services and products are not provided by markets and the extent of their availability is often guaranteed by public funding. In this context, the question arises whether the high benefits derived from forests could not be converted into cash more easily. Looking at various explanations for the market failure (externalities, public goods, property rights) possible marketing strategies for forest products and services and how they could optimize social welfare are investigated. Although general compensation criteria are not available, economic concepts (type of externality, scarcity, etc.) provide a first clue as to the necessity of compensation. However, mention must be made that compensation is always the result of a social agreement, and financial compensation as well as property rights are subject to social change. From a political and an economic perspective the payment of compensation for forest benefits is limited.

scholarly journals Swords and Plowshares: Property Rights, Collective Action, and Nonstate Governance in the Jewish Community of Palestine 1920–1948

2021 ◽  
pp. 1-15
Author(s):  
DAVID MUCHLINSKI
Keyword(s):  
Property Rights ◽  
Public Goods ◽  
Jewish Community ◽  
Causal Effect ◽  
Public Goods Provision ◽  
Public And Private ◽  
Private Goods ◽  
Agricultural Communities ◽  
Institutional Variation ◽  
Subnational Governance

Developing states lacking a monopoly over the use of force are commonly seen as having failed to live up to the ideal Weberian sovereign type. Yet rather than being a calling card of anarchy, the devolution of important state functions to subnational actors is a rational strategy for developing states to effectively provide important public goods. The case study of the Jewish Community of Palestine demonstrates one instance where subnational communities provided public goods. This study highlights the causal effect of property rights within institutions to drive behavior consistent with the provision of public and private goods. Analyzing temporal and institutional variation across two agricultural communities demonstrates a unique strategy of subnational governance and public goods provision in a developing state. Devolution of public goods provision to subnational actors may be an alternative strategy of governance for developing states that are not yet able to effectively provide important public goods.

PUBLIC GOODS AND PROPERTY RIGHTS:

2018 ◽  
pp. 343-364
Author(s):  
William A. Fischel
Keyword(s):  
Property Rights ◽  
Public Goods

Law as a Public Good: The Economics of Anarchy

1992 ◽  
Vol 8 (2) ◽  
pp. 249-267 ◽  
Author(s):  
Tyler Cowen
Keyword(s):  
Law Enforcement ◽  
Property Rights ◽  
Public Goods ◽  
Public Good ◽  
Private Market ◽  
Market Relations

Various writers in the Western liberal and libertarian tradition have challenged the argument that enforcement of law and protection of property rights are public goods that must be provided by governments. Many of these writers argue explicitly for the provision of law enforcement services through private market relations.

scholarly journals Improving the evidence base for delivery of public goods from public money in agri-environment schemes

2020 ◽  
Vol 2 ◽  
pp. 57
Author(s):  
Mark S. Reed ◽  
Pippa J. Chapman ◽  
Guy Ziv ◽  
Gavin Stewart ◽  
Helen Kendall ◽  
...  
Keyword(s):  
Public Goods ◽  
Full Range ◽  
Evidence Base ◽  
Agricultural Landscapes ◽  
The Public ◽  
Published Evidence ◽  
Uncertain Evidence ◽  
Conducting Research ◽  
Public Money ◽  
Future Policy

There is growing interest around the world in more effectively linking public payments to the provision of public goods from agriculture. However, published evidence syntheses suggest mixed, weak or uncertain evidence for many agri-environment scheme options. To inform any future “public money for public goods” based policy, further synthesis work is needed to assess the evidence-base for the full range of interventions currently funded under agri-environment schemes. Further empirical research and trials should then focus on interventions for which there is mixed or limited evidence. Furthermore, to ensure the data collected is comparable and can be synthesised effectively, it is necessary to reach agreement on essential variables and methods that can be prioritised by those conducting research and monitoring. Future policy could then prioritise public money for the public goods that can most reliably be delivered, offering better value for taxpayers and improving the provision of ecosystem services from agricultural landscapes.

Public Goods and Property Rights

2005 ◽  
pp. 195-212
Author(s):  
Guy Garrod ◽  
Martin Whitby
Keyword(s):  
Property Rights ◽  
Public Goods

TAXES, GROWTH, EQUITY, AND WELFARE

2006 ◽  
Vol 23 (2) ◽  
pp. 53-72 ◽  
Author(s):  
Richard Vedder
Keyword(s):  
Economic Growth ◽  
Property Rights ◽  
Income Distribution ◽  
Private Sector ◽  
Public Goods ◽  
Rule Of Law ◽  
Market Forces ◽  
The Rule Of Law ◽  
Income Data ◽  
Global Reduction

The scholarly literature suggests high or increased tax burdens tend to reduce economic growth, lowering incomes. Some argue, however, that low taxes and high economic growth can have adverse income distribution consequences or can lead to utility-reducing under-consumption of needed public goods. Evidence is presented questioning those assertions. People seek happiness by moving, and tend to migrate to low tax areas. Moreover, there is little evidence that governmental expansion leads to truly greater equality. Appropriately measured, income equality is actually far greater than typically claimed. Moreover, income data suggest that the international equalization of incomes and global reduction of poverty largely reflect private sector activity, namely market forces working where the rule of law and strong protection of property rights prevails.

Property Rights on Credit and State Control of Money: The Irrelevance of the Origin of Money

2018 ◽  
Vol 15 (1) ◽  
Author(s):  
Gerasimos T. Soldatos
Keyword(s):  
Property Rights ◽  
Public Goods ◽  
State Intervention ◽  
The State ◽  
State Control ◽  
Historical Times ◽  
The Relationship ◽  
Political Matter

Abstract Looking briefly at the anthropological and sociological findings regarding the emergence of money in primordial times, and at the relationship between money and the state in historical times after the emergence of money, this article makes the point that credit money is associated with externalities justifying state intervention even if money did not emerge as debt money. The extent of state intervention is eventually a political matter given that money is needed in addition to finance public goods.

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