Privatizing the Commons and Economic Degradation

Christopher Ellis () and Edward Birdyshaw
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Christopher Ellis: University of Oregon
Edward Birdyshaw: California State University, Fresno

University of Oregon Economics Department Working Papers from University of Oregon Economics Department

Abstract: We develop a dynamic model of the exploitation of an environmental resource with endogenous property rights. We are able to explain both the evolution of property rights and environmental quality. In some circumstances the time path of environmental quality is U-shaped and resembles an Environmental Kuznets Curve. However this patern derives from changes in the property rights regime, not from changes in income.

Keywords: Commons; Property Rights; Environmental Resource (search for similar items in EconPapers)
JEL-codes: Q20 Q50 (search for similar items in EconPapers)
Pages: 17
Date: 2005-05-01
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ore:uoecwp:2005-10

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