Open Access vs. Restricted Access with Two Variable Factors : On the Redistributive Effects of a Property Regime Change

We consider the factor payment effects of a transition from open access to restricted access in the resource sector in the long-run, i.e., when both labor and capital are mobile between sectors. We show that the transition benefits (harms) the factor that is initially used more (less) intensively in the manufacturing sector relative to the resource sector. Our analysis introduces a dual approach used to compare equilibria between property regime types

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Year of publication:	2014
Authors:	Congar, Ronan
Other Persons:	Hotte, Louis (contributor)
Publisher:	[2014]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (21 p)
Series:	University of Ottawa Department of Economics Working Paper Series ; No. 1406E
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 17, 2014 erstellt
Other identifiers:	10.2139/ssrn.2497578 [DOI]
Classification:	D02 - Institutions: Design, Formation, and Operations ; D23 - Organizational Behavior; Transaction Costs; Property Rights ; D33 - Factor Income Distribution ; K11 - Property Law ; Q2 - Renewable Resources and Conservation; Environmental Management ; N5 - Agriculture, Natural Resources, Environment, and Extractive Industries ; O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013047220