Basic Needs, Property Rights and Degradation Of Commons

Hazari, Bharat and Kumar, A. 2003, Basic Needs, Property Rights and Degradation Of Commons, Pacific economic review, vol. 8, no. 1, pp. 47-56.

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Title Basic Needs, Property Rights and Degradation Of Commons
Author(s) Hazari, Bharat
Kumar, A.
Journal name Pacific economic review
Volume number 8
Issue number 1
Start page 47
End page 56
Publisher Wiley-Blackwell Publishing Asia
Place of publication Richmond, Vic.
Publication date 2003
ISSN 1361-374X
1468-0106
Summary A major problem in many developing countries is the degradation of commons. This degradation has occurred on account of the lack of fulfilment of the basic needs of the poor, free riding and ill–defined property rights. As these goods are essential for the survival of these people, they have to access these items from commons. This results in regular raids to common land for resources and also to private houses (for example, in New Delhi) which are not guarded for water. A variant of the agricultural household model is used to analyse the above problem. Several propositions are established and it is demonstrated that degradation can occur at both a low and high price of basic needs. This result has important policy implications as it demonstrates that land or common degradation cannot be solved by just using the price system. Properly defined property rights and provision of basic goods in kind may resolve the problem of degradation of commons.
Language eng
Field of Research 140210 International Economics and International Finance
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2003, Blackwell Publishing Ltd
Persistent URL http://hdl.handle.net/10536/DRO/DU:30001956

Document type: Journal Article
Collection: Deakin Graduate School of Business
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