Property rights and the evolution of the state
Yoram Barzel
Economics of Governance, 2000, vol. 1, issue 1, 25-51
Abstract:
Using property-rights tools, this paper develops a theory of the transition from despotic to rule-of-law regimes, relying on the notion that rulers and subjects are interested in maximizing wealth. Keeping subjects in check enhances despots' internal security, but at the cost of lower output, and of less wealth for the despots. Enhanced wealth is especially valuable for protection against outside threat. Subjects will increase output only if provided with rights to, for example, ownership, movement, and voting. Despots can guarantee them these rights by relinquishing some of their own power. Copyright Springer-Verlag Berlin Heidelberg 2000
Keywords: Key words:Rule-of-law; dictator; institutions; evolution; voting; cooperation; JEL classification:P16 (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (26)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:ecogov:v:1:y:2000:i:1:p:25-51
Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10101/PS2
Access Statistics for this article
Economics of Governance is currently edited by Amihai Glazer and Marko Koethenbuerger
More articles in Economics of Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().