First, we briefly discuss the very idea of tradable quotas, looking at a set of cases in which it has been proposed (but not implemented)outside the realm of pollution control of natural resources management. Next we study a proposal of tradable procreation quotas. We generalize Boulding’s 1964 idea and discuss a full scheme able to deal both with under and over procreation. We then look more specifically at three effets of the scheme on income inequalities : differential productivity effect, differential fertility effect and tradability effect. Finally, we consider the migration dimension and discuss two possible schemes : (1) a domestic scheme of tradable emigration quotas among skilled people, serving as a possible alternative to a Baghwati tax (with different properties); (2) a regional or global scheme of tradable immigration quotas of unskilled workers in rich countries, serving as a “burden sharing” mechanism. Special attention is given to some conjectures regarding the impact on education and average income back in the (poor) countries of origin.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Find related papers by JEL classification: J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers F22 - International Economics - - International Factor Movements and International Business - - - International Migration E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998.
"Law and Finance,"
Journal of Political Economy,
University of Chicago Press, vol. 106(6), pages 1113-1155, December.
[Downloadable!] (restricted)
Other versions:
Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Robert W. Vishny, 1996.
"Law and Finance,"
NBER Working Papers
5661, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)