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Variation in State Response to Open Access: Constituent Characteristics

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  • Gary D. Libecap

Abstract

Open access, competitive exploitation can be incredibly damaging to valuable resources and the human populations that depend upon them. Even though wealth, resource rents and stocks are at stake, open access often seems to be ineffectively addressed across time and space. Institutions vary. Devising and assigning access and use rights of some type privately or within a group, recognized by the state, is the most straightforward way of confronting the problem. Alternatively, regulation can be implemented that involves limiting entry, assigning input and related capital controls, restricting exploitation times, and/or setting output restrictions. Across three settings, hard-rock minerals, oil and gas deposits, and fisheries, I outline institutional differences and provide hypotheses as to why they occur. The open-access problem is described and followed by discussion of the political economy of regulation. Variation in industry structure, resource characteristics and value, as well as heterogeneity of interests in combating open access determine outcomes. The cases are drawn from the US, but may be representative of general patterns.

Suggested Citation

  • Gary D. Libecap, 2024. "Variation in State Response to Open Access: Constituent Characteristics," NBER Working Papers 32021, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:32021
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    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • N51 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - U.S.; Canada: Pre-1913
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • 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
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)

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