The distributional impact of common-pool resource regulations
AbstractPurpose â Regulating common-pool resources is welfare enhancing for society but not necessarily for all users who may therefore oppose regulations. The purpose of this paper is to examine the short-term impact of common-pool resource regulations on welfare distribution. Design/methodology/approach â The authors model a game of common-pool resource extraction among heterogeneous users. Findings â It was found that market-based regulations such as fees and subsidies or tradable quotas achieve a higher reduction of extraction from free-access than individual quotas with the same proportion of better-off users. Also, they make more users better-off for the same resource preservation. Originality/value â The quota regulation has attractive fairness properties: it reduces inequality while still rewarding the more efficient users. JEL classification: H23, Q22, Q28
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by LERNA, University of Toulouse in its series LERNA Working Papers with number 10.19.325.
Date of creation: Dec 2010
Date of revision:
Other versions of this item:
- Stefan Ambec & Carine Sebi, 2011. "The distributional impact of common-pool resource regulations," Indian Growth and Development Review, Emerald Group Publishing, vol. 4(2), pages 123-141, September.
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-03 (All new papers)
- NEP-ENV-2011-01-03 (Environmental Economics)
- NEP-REG-2011-01-03 (Regulation)
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.:
- Fleurbaey, Marc, 2008.
"Fairness, Responsibility, and Welfare,"
Oxford University Press, number 9780199215911, September.
- Clark, Colin W. & Munro, Gordon R. & Sumaila, Ussif Rashid, 2005. "Subsidies, buybacks, and sustainable fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 47-58, July.
- Dayton-Johnson, Jeff & Bardhan, Pranab, 1996.
"Inequality and Conservation on the Local Commons: A Theoretical Exercise,"
Center for International and Development Economics Research, Working Paper Series
qt7f9913w9, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Jeff Dayton-Johnson & Pranab Bardhan, 2002. "Inequality And Conservation On The Local Commons: A Theoretical Exercise," Economic Journal, Royal Economic Society, vol. 112(481), pages 577-602, July.
- Jeff Dayton-Johnson and Pranab Bardhan., 1996. "Inequality and Conservation on the Local Commons: A Theoretical Exercise," Center for International and Development Economics Research (CIDER) Working Papers C96-071, University of California at Berkeley.
- Ambec, S. & Hotte, L., 2003.
"On the redistributive impact of privitazing a resource under imperfect enforcement,"
200302, Grenoble Applied Economics Laboratory (GAEL).
- Ambec, Stefan & Hotte, Louis, 2006. "On the redistributive impact of privatizing a resource under imperfect enforcement," Environment and Development Economics, Cambridge University Press, vol. 11(06), pages 677-696, December.
- Baland, Jean-Marie & Francois, Patrick, 2005.
"Commons as insurance and the welfare impact of privatization,"
Journal of Public Economics,
Elsevier, vol. 89(2-3), pages 211-231, February.
- Jean-Marie Baland & Patrick Francois, 2003. "Commons as Insurance and the Welfare Impact of Privatization," The Centre for Market and Public Organisation 03/069, Department of Economics, University of Bristol, UK.
- BALAND, Jean-Marie & FRANCOIS, Patrick, . "Commons as insurance and the welfare impact of privatization," CORE Discussion Papers RP -1782, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Sethi, Rajiv & Somanathan, E, 1996. "The Evolution of Social Norms in Common Property Resource Use," American Economic Review, American Economic Association, vol. 86(4), pages 766-88, September.
- Burton, Peter S., 2003.
"Community enforcement of fisheries effort restrictions,"
Journal of Environmental Economics and Management,
Elsevier, vol. 45(2, Supple), pages 474-491, March.
- Burton, P.S., 2001. "Community Enforcement of Fisheries Effort Restrictions," Department of Economics at Dalhousie University working papers archive 2001-01, Dalhousie, Department of Economics.
- Baland, Jean-Marie & Platteau, Jean-Philippe, 2003. "Economics of common property management regimes," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 4, pages 127-190 Elsevier.
- Weitzman, Martin L., 1974. "Free access vs private ownership as alternative systems for managing common property," Journal of Economic Theory, Elsevier, vol. 8(2), pages 225-234, June.
- Ambec, Stefan & Garapin, Alexis & Muller, Laurent & Reynaud, Arnaud & Sebi, Carine, 2009.
"Comparing Regulations to Protect the Commons: An Experimental Investigation,"
TSE Working Papers
09-100, Toulouse School of Economics (TSE).
- Stefan Ambec & Alexis Garapin & Laurent Muller & Arnaud Reynaud & Carine Sebi, 2014. "Comparing Regulations to Protect the Commons: An Experimental Investigation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 58(2), pages 219-244, June.
- Ambec, S. & Garapin, A. & Muller, L. & Reynaud, A. & Sebi, C., 2013. "Comparing regulations to protect the commons: an experimental investigation," Working Papers 2013-07, Grenoble Applied Economics Laboratory (GAEL).
- Stefan Ambec & Alexis Garapin & Laurent Muller & Arnaud Reynaud & Carine Sebi, 2009. "Comparing regulations to protect the commons: an experimental investigation," LERNA Working Papers 09.18.294, LERNA, University of Toulouse.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maxime MARTY).
If references are entirely missing, you can add them using this form.