The role of property rights in determining the environmental quality–income relationship
This paper examines the role of property rights in shaping the relationship between environmental quality and income. It develops an analytical framework that integrates the effects of property rights evolution, natural resource attributes, agent characteristics, and production technology on the env...
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| Veröffentlicht in: | Ecological economics Jg. 68; H. 10; S. 2511 - 2524 |
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| Format: | Journal Article |
| Sprache: | Englisch |
| Veröffentlicht: |
Elsevier B.V
01.08.2009
Elsevier |
| Schriftenreihe: | Ecological Economics |
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| ISSN: | 0921-8009, 1873-6106 |
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| Abstract | This paper examines the role of property rights in shaping the relationship between environmental quality and income. It develops an analytical framework that integrates the effects of property rights evolution, natural resource attributes, agent characteristics, and production technology on the environment–income relationship. The substantive strength of this framework lies in its ability to rationalize a wide range of environment–income relationships. The model shows that the U-shaped environment–income relationship, which is consistent with the Environmental Kuznets Curve (EKC) hypothesis, can arise only under specific model conditions. Thus the framework provides an additional explanation for non-universality of EKC. We provide evidence in support of our framework from case studies of various natural resources. |
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| AbstractList | This paper examines the role of property rights in shaping the relationship between environmental quality and income. It develops an analytical framework that integrates the effects of property rights evolution, natural resource attributes, agent characteristics, and production technology on the environment-income relationship. The substantive strength of this framework lies in its ability to rationalize a wide range of environment-income relationships. The model shows that the U-shaped environment-income relationship, which is consistent with the Environmental Kuznets Curve (EKC) hypothesis, can arise only under specific model conditions. Thus the framework provides an additional explanation for non-universality of EKC. We provide evidence in support of our framework from case studies of various natural resources. All rights reserved, Elsevier This paper examines the role of property rights in shaping the relationship between environmental quality and income. It develops an analytical framework that integrates the effects of property rights evolution, natural resource attributes, agent characteristics, and production technology on the environment-income relationship. The substantive strength of this framework lies in its ability to rationalize a wide range of environment-income relationships. The model shows that the U-shaped environment-income relationship, which is consistent with the Environmental Kuznets Curve (EKC) hypothesis, can arise only under specific model conditions. Thus the framework provides an additional explanation for non-universality of EKC. We provide evidence in support of our framework from case studies of various natural resources. |
| Author | Bhattacharya, Haimanti Lueck, Dean |
| Author_xml | – sequence: 1 givenname: Haimanti surname: Bhattacharya fullname: Bhattacharya, Haimanti email: haimanti.bhattacharya@econ.utah.edu organization: University of Utah, Department of Economics, 1645 E Campus Center Drive, Room 308, Salt Lake City, UT 84112, United States – sequence: 2 givenname: Dean surname: Lueck fullname: Lueck, Dean email: lueck@email.arizona.edu organization: University of Arizona, Department of Agricultural and Resource Economics Chavez Building, Room 421Tucson, AZ 85721-0023, United States |
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| Cites_doi | 10.1086/467445 10.1016/0014-4983(80)90003-0 10.2307/1342203 10.1086/261326 10.1016/j.ecolecon.2006.03.019 10.1086/342025 10.2307/3985088 10.1086/466809 10.3386/w3914 10.1086/466683 10.1257/aer.90.3.526 10.1016/j.worlddev.2004.03.004 10.1086/257497 10.1086/466560 10.1016/S0047-2727(00)00110-9 10.1006/jeem.1995.1038 10.2307/2118443 10.1016/j.ecolecon.2004.10.007 10.1016/0014-4983(77)90006-7 10.1086/257653 10.1006/jeem.1996.0947 10.1016/S1574-0730(07)01003-1 10.1086/467469 10.1006/jeem.1994.1032 10.3368/le.82.2.291 |
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| SubjectTerms | Environment and income Environment and income Property rights Environmental economics Environmental Kuznets curve Environmental quality Income Natural resources Production systems Property rights Regression analysis |
| Title | The role of property rights in determining the environmental quality–income relationship |
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