Development in a Dual Economy: The Importance of Resource-Use Regulation
研究基于权利的资源管理如何触发二元经济中的劳动力重新配置和发展,利用印度渔业数据说明捕捞配额的设计和分配如何影响劳动力、财富和资源动态。
We study how rights-based resource management can trigger labor reallocation and development in a dual economy. Under open access, resource users may remain trapped in poverty. Regulation of resource use generates rents that can finance labor reallocation to resource-independent production. Transferability of harvest quotas broadens the scope for labor reallocation, in particular if harvest quotas are distributed unequally. Once the process of labor reallocation is started, it continues until a long-run efficient labor allocation is achieved. We use data from an Indian fishery to illustrate numerically how the design and distribution of harvest quotas affects labor, wealth, and resource dynamics in a rural economy.