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The Assignment of Property Rights on the Western Frontier : Lessons for Contemporary Environmental and Resource Policy
Libecap, Gary D. - 2006
In addressing environmental and natural resource problems, there is a move away from primary reliance upon centralized regulation toward assignment of property rights to mitigate the losses of open-access. I examine the assignment of private property rights during the 19th and early 20th...
Persistent link: https://www.econbiz.de/10012466063
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Privatization and nationalization cycles
Chang, Roberto - 2009
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10011394323
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Privatization and Nationalization Cycles
Chang, Roberto - 2010
This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … determinants of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10012462530
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Who Should Own and Control Urban Water Systems? Historical Evidence from England and Wales
Beach, Brian - 2016
Nearly 40% of England's privately built waterworks were municipalised in the late 19th century. We examine how this affected public health by pairing annual mortality data for over 600 registration districts, spanning 1869 to 1910, with detailed waterworks information. Identification is aided by...
Persistent link: https://www.econbiz.de/10012456126
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The Costs and Benefits of Clan Culture : Elite Control versus Cooperation in China
Chen, Shuo; Fisman, Raymond; Lan, Xiaohuan; Wang, Yongxiang - National Bureau of Economic Research - 2024
Kinship ties are a common institution that may facilitate in-group coordination and cooperation. Yet their benefits - or lack thereof - depend crucially on the broader institutional environment. We study how the prevalence of clan ties affect how communities confronted two well-studied...
Persistent link: https://www.econbiz.de/10014544693
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Coups, Corporations, and Classified Information
Dube, Arindrajit - 2011
We estimate the impact of coups and top-secret coup authorizations on asset prices of partially nationalized multinational companies that stood to benefit from US-backed coups. Stock returns of highly exposed firms reacted to coup authorizations classified as top-secret. The average cumulative...
Persistent link: https://www.econbiz.de/10012461705
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The Economic Effects of the English Parliamentary Enclosures
Heldring, Leander; Robinson, James A.; Vollmer, Sebastian - National Bureau of Economic Research - 2022
We use a dataset of the entire population of English Parliamentary enclosure acts between 1750 and 1830 to provide the first causal evidence of their impact. Exploiting a feature of the Parliamentary process that produced such legislation as a source of exogenous variation, we show that...
Persistent link: https://www.econbiz.de/10012938741
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On the Ends of the State : Stationary Bandits and the Time Horizon in Eastern Congo
Henn, Soeren J.; Mugaruka, Christian M.; Ortiz, Miguel; … - National Bureau of Economic Research - 2021
We show that armed actors refrain from using their power to arbitrarily steal from an economy if, and only if, the armed actors' property rights over stealing from that economy are secure. By 2009, armed actors taxed, administered, and protected various villages in Democratic Republic of the...
Persistent link: https://www.econbiz.de/10012510510
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A Theory of Expropriation and Deviations From Perfect Capital Mobility
Eaton, Jonathan - 1982
This paper develops a theory of capital movements in the presence of potential expropriation. The threat of … expropriation is derived from utility maximizing behavior by host countries. Potential investors, anticipating this behavior, modify … their investment plans to avoid expropriation. When- ever the host country faces competitive foreign investors expropriation …
Persistent link: https://www.econbiz.de/10012478133
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The Institutional Foundations of Religious Politics : Evidence from Indonesia
Bazzi, Samuel - 2018
--to avoid expropriation by the state. Regions facing a greater threat of expropriation exhibit more prevalent waqf land and …
Persistent link: https://www.econbiz.de/10012480803