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The role of property rights in determining the environmental quality-income relationship

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  • Bhattacharya, Haimanti
  • Lueck, Dean

Abstract

This paper examines the role of property rights in shaping the relationship between environmental quality and income. It develops an analytical framework that integrates the effects of property rights evolution, natural resource attributes, agent characteristics, and production technology on the environment-income relationship. The substantive strength of this framework lies in its ability to rationalize a wide range of environment-income relationships. The model shows that the U-shaped environment-income relationship, which is consistent with the Environmental Kuznets Curve (EKC) hypothesis, can arise only under specific model conditions. Thus the framework provides an additional explanation for non-universality of EKC. We provide evidence in support of our framework from case studies of various natural resources.

Suggested Citation

  • Bhattacharya, Haimanti & Lueck, Dean, 2009. "The role of property rights in determining the environmental quality-income relationship," Ecological Economics, Elsevier, vol. 68(10), pages 2511-2524, August.
  • Handle: RePEc:eee:ecolec:v:68:y:2009:i:10:p:2511-2524
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    Cited by:

    1. Halkos, George E. & Tzeremes, Nickolaos G., 2013. "Carbon dioxide emissions and governance: A nonparametric analysis for the G-20," Energy Economics, Elsevier, vol. 40(C), pages 110-118.
    2. Adrienne M. Ohler, 2015. "Factors affecting the rise of renewable energy in the U.S.: Concern over environmental quality or rising unemployment?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    3. Nagase, Yoko & Uehara, Takuro, 2011. "Evolution of population-resource dynamics models," Ecological Economics, Elsevier, vol. 72(C), pages 9-17.

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