UNU-WIDER Property Rights Regimes, Microeconomic Incentives, and Development

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Property Rights Regimes, Microeconomic Incentives, and Development  

Project name/title

Property Rights Regimes, Microeconomic Incentives, and Development

Year:

2000

Theme:

Employment and Industry

Abstract:

A property rights regime covers rights to use, lease, donate, bequest, and sell assets or collect the incomes generated by assets. A clear and transparent property rights regime facilitates investment and economic growth. While private property is considered by many to be the most superior type of regime, this is not always the case, especially when important markets (such as credit and insurance) are imperfect or missing and when key institutions (regulation, accountancy standards etc.) are underdeveloped. This project will evaluate alternative property rights regimes at different development stages.

Director:

• Laixiang Sun
  Research fellow/Project director 

Assistant:

• Lorraine Telfer-Taivainen 
  Publications and Information Assistant

Project Meetings

• 19 April 2001 Project meeting Property Rights Regimes, Microeconomic Incentives and Development: 19-21 April 2001

Publications:

• An Endogenous Group Formation Theory of Co-operative Networks: The Economics of La Lega and Mondragón
• The Benefits and Costs of Group Affiliation: Evidence from East Asia
• Blooming Together or Wilting Alone? Network Externalities and Mondragón and La Lega Co-operative Networks
• Does a Switch of Budget Regimes Constrain Managerial Discretion? Evidence for Italian Public Enterprises' Investment
• Economics of China's Joint-Stock Co-operatives
• From the Grabbing Hand to the Helping Hand: A Rent Seeking Model of China's Township-Village Enterprises
• Hardening a Soft Budget Constraint Through 'Upward Devolution' to a Supranational Institution: The Case of Italian State-Owned Firms and the European Union
• Institutional Investors, Corporate Ownership, and Corporate Governance: Global Perspectives
• New Paradigms on Ownership of the Firm: A comparative Analysis across Development Stages and Institutional and Technological Contexts
• Ownership and Governance of Enterprises: Recent Innovative Developments
• The Pattern and Valuation Effects of Corporate Diversification: A Comparison of the United States, Japan, and other East Asian Economies
• Price Scissors, Rationing, and Coercion: An Extended Framework for Understanding Primitive Socialist Accumulation
• Sharing Ownership via Employee Stock Ownership
• Understanding the Silicon Valley Phenomena
• WIDER Symposium: Symposium: Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance