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Open Access vs. Restricted Access with Two Variable Factors: On the Redistributive Effects of a Property Regime Change

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  • Ronan Congar

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

  • Louis Hotte

Abstract

We consider the factor payment effects of a transition from open access to restricted access in the resource sector in the long-run, i.e., when both labor and capital are mobile between sectors. We show that the transition benefits (harms) the factor that is initially used more (less) intensively in the manufacturing sector relative to the resource sector. Our analysis introduces a dual approach used to compare equilibria between property regime types.

Suggested Citation

  • Ronan Congar & Louis Hotte, 2014. "Open Access vs. Restricted Access with Two Variable Factors: On the Redistributive Effects of a Property Regime Change," Working Papers hal-04141292, HAL.
    • Handle: RePEc:hal:wpaper:hal-04141292
    Note: View the original document on HAL open archive server: https://hal.science/hal-04141292
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    References listed on IDEAS

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