Credit Markets, Property Rights, and the Commons
收藏NBER2022-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29889
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资源简介：
Credit markets and property rights are fundamental for modern economies, but they also have implications for the commons. Using a dynamic model of competitive resource extraction, we show that improving property right security unambiguously increases conservation incentives, but the effect of credit
提供机构：
美国国家经济研究局
创建时间：
2022-03-01
