IDEAS home Printed from https://ideas.repec.org/a/cup/jechis/v33y1973i01p43-65_07.html
   My bibliography  Save this article

Some Considerations Relating to Property Rights in Man

Author

Listed:
  • Engerman, Stanley L.

Abstract

The existence of property rights affects the allocation and distribution of economic resources. The exclusive rights to ownership and control over assets leads to a different level and pattern of economic activity than would occur if these assets remained unowned or “common property.†While property rights are frequently subject to various constraints imposed by law or custom, within these bounds owners are free to use their resources to achieve their desired ends. Resources may be sold in an exchange of property rights, rented for a specified time period in exchange for some quid pro quo, or employed (or kept idle) by the owner himself. The owner's welfare function will include the income (or other utility) derived from use of the resource, while, for purposes of measuring national income, the final consumption of the entire population would be included.

Suggested Citation

  • Engerman, Stanley L., 1973. "Some Considerations Relating to Property Rights in Man," The Journal of Economic History, Cambridge University Press, vol. 33(1), pages 43-65, March.
    • Handle: RePEc:cup:jechis:v:33:y:1973:i:01:p:43-65_07
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0022050700076439/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mello, Pedro Carvalho de, 1978. "Aspectos econômicos da organização do trabalho da economia cafeeira do Rio de Janeiro, 1850-88," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 32(1), January.
    2. Duleep, Harriet, 2012. "The Labor/Land Ratio and India's Caste System," IZA Discussion Papers 6612, Institute of Labor Economics (IZA).
    3. Rick Geddes & Dean Lueck, 2002. "The Gains From Self-Ownership and the Expansion of Women's Rights," American Economic Review, American Economic Association, vol. 92(4), pages 1079-1092, September.
    4. Bernd Beber & Christopher Blattman, 2010. "The Industrial Organization of Rebellion: The Logic of Forced Labor and Child Soldiering," HiCN Working Papers 72, Households in Conflict Network.
    5. Harriet Orcutt Duleep, 2013. "The Labor/Land Ratio and India’s Caste System," Working Papers 137, Department of Economics, College of William and Mary.
    6. Alice Sindzingre, 2005. "Explaining Threshold Effects of Globalization on Poverty: an Institutional Perspective," WIDER Working Paper Series RP2005-53, World Institute for Development Economic Research (UNU-WIDER).
    7. Klas Rönnbäck, 2014. "Slave ownership and fossil fuel usage: a commentary," Climatic Change, Springer, vol. 122(1), pages 1-9, January.
    8. Lueck, Dean & Miceli, Thomas J., 2007. "Property Law," Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 1, chapter 3, pages 183-257, Elsevier.
      • Dean Lueck & Thomas J. Miceli, 2004. "Property Law," Working papers 2004-04, University of Connecticut, Department of Economics.
    9. Allen, Robert C., 1997. "Agriculture and the Origins of the State in Ancient Egypt," Explorations in Economic History, Elsevier, vol. 34(2), pages 135-154, April.
    10. Kaushik Basu, 2016. "Beyond the Invisible Hand: Groundwork for a New Economics," Economics Books, Princeton University Press, edition 1, number 9299.
    11. Martins, Igor, 2019. "An Act for the Abolition of the Slave Trade: The Effects of an Import Ban on Cape Colony Slaveholders," African Economic History Working Paper 43/2019, African Economic History Network.
    12. Bourdieu, Jérôme & Reynaud, Bénédicte, 2002. "Factory discipline and externalities in the reduction of working time in the 19th century in France," CEPREMAP Working Papers (Couverture Orange) 0208, CEPREMAP.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jechis:v:33:y:1973:i:01:p:43-65_07. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/jeh .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.