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Could institutional reform have saved Easter Island?

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  • R. Morris Coats

    ()
    (Nicholls State University, PO Box 2015, Thibodaux, LA 70310, USA)

  • Thomas R. Dalton

    (Southern University at New Orleans, 6400 Press Drive, New Orleans, LA 70126, USA)

Abstract

This paper extends the Brander and Taylor general-equilibrium model of population and resource management dynamics to a variety of institutional settings. The authors simulate the economic history of Easter Island, modifying the model to examine the impact of market institutions and different property-rights structures. The major finding of the paper is that modification of the economic institutions on Easter Island could have damped the feast-and-famine cycles that plagued its later history.

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Bibliographic Info

Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 10 (2000)
Issue (Month): 5 ()
Pages: 489-505

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Handle: RePEc:spr:joevec:v:10:y:2000:i:5:p:489-505

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Related research

Keywords: Easter Island - Property-rights institutions - Consumption rights - Common access - Private property - Population dynamics - Feast-and-famine cycles;

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Cited by:
  1. David Croix & Davide Dottori, 2008. "Easter Island’s collapse: a tale of a population race," Journal of Economic Growth, Springer, vol. 13(1), pages 27-55, March.
  2. James A. Brander, 2007. "Viewpoint: Sustainability: Malthus revisited?," Canadian Journal of Economics, Canadian Economics Association, vol. 40(1), pages 1-38, February.
  3. Dalton, Thomas R. & Coats, R. Morris & Asrabadi, Badiollah R., 2005. "Renewable resources, property-rights regimes and endogenous growth," Ecological Economics, Elsevier, vol. 52(1), pages 31-41, January.
  4. John C. V. Pezzey & John M. Anderies, 2002. "The Effect of Subsistence on Collapse and Institutional Adaptation in Population-resource Societies," Economics and Environment Network Working Papers 0201, Australian National University, Economics and Environment Network.
  5. D'Alessandro, Simone, 2007. "Non-linear dynamics of population and natural resources: The emergence of different patterns of development," Ecological Economics, Elsevier, vol. 62(3-4), pages 473-481, May.

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