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Open Access Versus Restricted Access in a General Equilibrium with Mobile Capital
Environmental and Resource Economics ( IF 3.2 ) Pub Date : 2021-02-13 , DOI: 10.1007/s10640-021-00542-4
Ronan Congar , Louis Hotte

Open Access versus Restricted Access in a General Equilibrium with Mobile Capital We consider an economy with two sectors, resource and manufacturing, in a general-equilibrium setting. Two property regimes in the resource sector are compared, open access versus restricted access, with both labor and capital mobility. We first contribute by deriving the multi-factor demand conditions under open access. We provide necessary and sufficient conditions for a factor to gain from a property regime change. Redistributive effects depend crucially on relative factor intensities. Contrary to common wisdom, labor may gain from being “expelled” from the resource sector following privatization.



中文翻译:

在移动资金的总体均衡中,开放访问与受限访问

具有移动资本的一般均衡中的开放访问与受限访问我们认为,在一般均衡的情况下,经济具有资源和制造业两个部门。比较了资源部门的两种财产制度,即开放获取与受限获取,以及劳动力和资本流动性。我们首先通过推导开放获取下的多因素需求条件做出贡献。我们提供必要和充分的条件,以使财产权制变更能够带来收益。再分配效应主要取决于相对因子强度。与常识相反,私有化后,劳动力可能会从资源部门被“开除”。

更新日期:2021-02-15
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