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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 illustrative case studies. Our main contribution is then...
Persistent link: https://www.econbiz.de/10011394323
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The Use of Group-Level Approaches to Environmental and Natural Resource Policy
Kotchen, Matthew - 2020
Policies to address environmental and natural resource management are often implemented at the group level. The … studied across a variety of contexts in the literature on environmental and natural resource management. The aim is to …
Persistent link: https://www.econbiz.de/10012481725
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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 illustrative case studies. Our main contribution is then...
Persistent link: https://www.econbiz.de/10012462530
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Optimal Resource Extraction Contracts Under Threat of Expropriation
Engel, Eduardo - 2008
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In...
Persistent link: https://www.econbiz.de/10012464906
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Profit Sharing Between Governments and Multinationals in Natural Resource Extraction : Evidence From a Firm-Level Panel
McMillan, Margaret S. - 2007
The "fairness" of negotiations between countries and resource extracting firms is subject to many accusations and counter-accusations and may be argued, in many instances, to impact the subsequent economic benefit to a host country from extraction. This paper examines the role of host country...
Persistent link: https://www.econbiz.de/10012465320
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The Adding Up Problem : A Targeting Approach
Krishna, Kala - 1995
This paper looks at the problem of making multiple lending decisions which affect the supply of the product when the consequences of these lending decisions are interrelated via the effect on the world price of the product. This is termed the 'adding up problem'. It is argued that thinking of...
Persistent link: https://www.econbiz.de/10012473899
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Bridging vs. Bonding Social Capital and the Management of Common Pool Resources
Baylis, Kathy - 2013
capital (within a village) from bridging social capital (between villages), and we compare their effects on the management of … resource management, while the effect of bridging social capital is mixed. We test these findings using primary data from …
Persistent link: https://www.econbiz.de/10012459468
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A Theory of Military Dictatorships
Acemoglu, Daron - 2008
We investigate how nondemocratic regimes use the military and how this can lead to the emergence of military dictatorships. Nondemocratic regimes need the use of force in order to remain in power, but this creates a political moral hazard problem; a strong military may not simply work as an...
Persistent link: https://www.econbiz.de/10012464732
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How Can Behavioral Economics Inform Non-Market Valuation? An Example from the Preference Reversal Literature
Alevy, Jonathan E. - 2010
Psychological insights have made inroads within most major areas of study in economics. One area where less advance has been made is environmental and resource economics. In this study, we examine the implications of preference reversals over evaluation modes, in which stated economic values...
Persistent link: https://www.econbiz.de/10012462616
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Trade, Tragedy, and the Commons
Copeland, Brian R. - 2004
We develop a theory of resource management where the degree to which countries escape the tragedy of the commons is … how changes in world prices can move some countries from de facto open access situations to ones where management … access and zero rents for low resource prices, but can maintain a limited form of resource management at higher prices. Clark …
Persistent link: https://www.econbiz.de/10012467853