Valente, Simone; Suphaphiphat, Nujin; Peretto, Pietro F. - Institutt for Samfunnsøkonomi, Norges … - 2013
We analyze the general-equilibrium e§ects of alternative regimes of access rights over renewable natural resources ñnamely, open access versus full property rights ñon the pace of development when economic growth is endogenously driven by both horizontal and vertical innovations. Resource...