An Endogenous Theory of Property Rights

An Endogenous Theory of Property Rights PDF Author: Peter Ho
Publisher: Routledge
ISBN: 1351623486
Category : Social Science
Languages : en
Pages : 301

Get Book Here

Book Description
From a neo-liberal, neo-classical paradigm, secure, formal and private property rights are crucial to fostering sustained development. Institutions that fail to respond to shifting socio-economic opportunities are thus forced to make new arrangements. The enigma is posed by developments on the ground. Why would the removal of authoritarian institutions during the Arab Spring or Iraq War not increase market efficiency but rather cause the reverse, while China and India, despite persisting insecure, informal and common institutions, featured sustained growth? This collection posits that understanding these paradoxes requires a refocusing from form to function, detached from normative assumptions about institutional appearance. In so doing, three things are accomplished. First, starting from case studies on land, it is ascertained that the argument can be meaningfully extended to labour, capital and beyond. Second, the argument validates the ‘Credibility Thesis’ – that is, once institutions persist, they fulfil a function. Third, the collection studies ‘development, broadly construed’, by including the modes of production and beyond, the rural and urban, the developed and developing. This is why it reviews property rights from China and India, to Turkey, Mexico and Malaysia, covering issues such as customary rights and privatization, mining and pastoralism, dam-building and irrigation, but also state-owned banks, trade unions and notaries. This book was originally published as a special issue of The Journal of Peasant Studies.

An Endogenous Theory of Property Rights

An Endogenous Theory of Property Rights PDF Author: Peter Ho
Publisher: Routledge
ISBN: 1351623486
Category : Social Science
Languages : en
Pages : 301

Get Book Here

Book Description
From a neo-liberal, neo-classical paradigm, secure, formal and private property rights are crucial to fostering sustained development. Institutions that fail to respond to shifting socio-economic opportunities are thus forced to make new arrangements. The enigma is posed by developments on the ground. Why would the removal of authoritarian institutions during the Arab Spring or Iraq War not increase market efficiency but rather cause the reverse, while China and India, despite persisting insecure, informal and common institutions, featured sustained growth? This collection posits that understanding these paradoxes requires a refocusing from form to function, detached from normative assumptions about institutional appearance. In so doing, three things are accomplished. First, starting from case studies on land, it is ascertained that the argument can be meaningfully extended to labour, capital and beyond. Second, the argument validates the ‘Credibility Thesis’ – that is, once institutions persist, they fulfil a function. Third, the collection studies ‘development, broadly construed’, by including the modes of production and beyond, the rural and urban, the developed and developing. This is why it reviews property rights from China and India, to Turkey, Mexico and Malaysia, covering issues such as customary rights and privatization, mining and pastoralism, dam-building and irrigation, but also state-owned banks, trade unions and notaries. This book was originally published as a special issue of The Journal of Peasant Studies.

Institutions, Property Rights, and Economic Growth

Institutions, Property Rights, and Economic Growth PDF Author: Sebastian Galiani
Publisher: Cambridge University Press
ISBN: 1139916742
Category : Business & Economics
Languages : en
Pages : 339

Get Book Here

Book Description
This volume showcases the impact of the work of Douglass North, winner of the Nobel Prize and father of the field of new institutional economics. Leading scholars contribute to a substantive discussion that best illustrates the broad reach and depth of Professor North's work. The volume speaks concisely about his legacy across multiple social sciences disciplines, specifically on scholarship pertaining to the understanding of property rights, the institutions that support the system of property rights, and economic growth.

The Microeconomics of Wellbeing and Sustainability

The Microeconomics of Wellbeing and Sustainability PDF Author: Leonardo Becchetti
Publisher: Academic Press
ISBN: 0128160276
Category : Business & Economics
Languages : en
Pages : 480

Get Book Here

Book Description
The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative-not heterodox-view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges.

Property Rights

Property Rights PDF Author: Terry L. Anderson
Publisher: Princeton University Press
ISBN: 9780691099989
Category : Law
Languages : en
Pages : 412

Get Book Here

Book Description
In the end, the book provides a fresh, comprehensive overview of an intriguing subject, accessible to anyone with a minimal background in economics. (An introductory chapter introduces the handful of assumptions embedded in the text's economics and law).

Economic Foundations of Strategy

Economic Foundations of Strategy PDF Author: Joseph T. Mahoney
Publisher: SAGE
ISBN: 1412905435
Category : Business & Economics
Languages : en
Pages : 273

Get Book Here

Book Description
The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how organisations operate efficiently, cost minimization, wealth creation, individual self-interest, and continued growth.

Developing Property Rights Theory

Developing Property Rights Theory PDF Author: Shaoan Huang
Publisher: Springer Nature
ISBN: 9819908833
Category : Business & Economics
Languages : en
Pages : 284

Get Book Here

Book Description
This book aims to interpret China’s property-rights reform since 1978 on theory level. Property-rights reform is no doubt the essential for economic system reform, which led to China’s economic miracle in the past 40 years. Neither modern property-rights theory nor Marxism can explain all issues around Chinese complex economic system reform. The book sheds light on the theory development through comparative study and China-focused research.

Segmented Labour Market Theory

Segmented Labour Market Theory PDF Author: Ben Fine
Publisher:
ISBN: 9780902169432
Category : Economics
Languages : en
Pages : 22

Get Book Here

Book Description


The Costs and Benefits of Ownership

The Costs and Benefits of Ownership PDF Author: Sanford J. Grossman
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 76

Get Book Here

Book Description


Contracting for Property Rights

Contracting for Property Rights PDF Author: Gary D. Libecap
Publisher: Cambridge University Press
ISBN: 9780521449045
Category : Business & Economics
Languages : en
Pages : 148

Get Book Here

Book Description
The histories of rights to minerals, range, timber land, fishery and crude oil production in the U.S. are examined to reveal the problems encountered in negotiations among claimants and the political and economic considerations that influence property rights arrangements.

Economic Growth, second edition

Economic Growth, second edition PDF Author: Robert J. Barro
Publisher: MIT Press
ISBN: 9780262025539
Category : Business & Economics
Languages : en
Pages : 676

Get Book Here

Book Description
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.