Credit Markets, Property Rights, and the Commons (Record no. 134466)
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000 -LEADER | |
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fixed length control field | 01364nas a2200205Ia 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 241107c99999999xx |||||||||||| ||und|| |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 0022-3808 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Noack, Frederik |
9 (RLIN) | 121973 |
245 #0 - TITLE STATEMENT | |
Title | Credit Markets, Property Rights, and the Commons |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Journal of Political Economy |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2024 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 2396-2450 |
520 ## - SUMMARY, ETC. | |
Abstract | Credit markets and property rights are fundamental for modern economies, but their implications for the commons are unknown. Using a dynamic model of competitive resource extraction, we show that improving property right security unambiguously increases conservation incentives, but the effect of credit markets on resource extraction effort hinges on the security of property rights. We test these predictions using data on global fisheries, credit markets, and the largest ever marine property rights assignment. We find that property right security reduces resource extraction and that credit market development increases resource extraction under insecure property rights but reduces resource extraction under secure property rights. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Credit Markets |
9 (RLIN) | 77782 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Marine Property Rights |
9 (RLIN) | 123234 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Modern Economies |
9 (RLIN) | 123235 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Property Rights |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Costello, Christopher |
9 (RLIN) | 123236 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://www.journals.uchicago.edu/doi/10.1086/729065">https://www.journals.uchicago.edu/doi/10.1086/729065</a> |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha biblionumber | 134466 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
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Dr VKRV Rao Library | Dr VKRV Rao Library | 07/11/2024 | Vol. 132, No. 7 | AI737 | 07/11/2024 | 07/11/2024 | Article Index |