State property regime , Microeconomics

State Property Regime

In a state property regime, ownership and control over the use of the property rests in the hand of the state. The resource itself can either be a public good or anything else. For example, national (or state) parks, wildlife sanctuaries and national highways are state properties which are public in character. The state can also own railways, airlines, hotels, etc. which are more like private goods. Because of their large size or indivisibility, and the advantages of economies of scale, the state emerges as the owner of such resources.

The government or state may either directly manage the use of state-owned natural resources through government agencies or leave them to groups or individuals who are thus given usufruct rights over such resources for a specified period of time. Tree growing associations in West Bengal (and elsewhere in India) consisting of groups of landless or marginal farmers is such an example.

Posted Date: 12/17/2012 11:53:10 PM | Location : United States







Related Discussions:- State property regime , Assignment Help, Ask Question on State property regime , Get Answer, Expert's Help, State property regime Discussions

Write discussion on State property regime
Your posts are moderated
Related Questions
International Monetary Fund: The International Monetary Fund (IMF), the World Bank and the International Trade Organisation were conceived at the Brettonwoods Conference in Ju

americana is a small country that produces and consumes jelly beans. The world price of jelly beans is $1 per bag, americana''s demand and supply for jelly beans are governed by th

define and explain theory of production?

The functions of money include; (1)  medium of exchange,  (2)  store of value, and (3)  a calculate of worth.  Due to money is acceptable as a form of payment for all commodities,

I don''t really understand how scitovsky contour is formed.

which three group of the periodic table contain the most elements classified as metalloids (semimetals)?

The Schrodinger wave equation generalizes the fitting-in-of-waves procedure. The waves that "fit" into the region to which the particle is contained can be recognized "by inspect

You estimate that the price elasticity of demand for one-acre plots in Lusaka is -1.5 and that income elasticity of demand is 5. Land owners intend to increase the price of a one-a

Telecommunications industry in South Africa

Production Function for Wheat *  Farmers should choose between a capital intensive or labor intensive technique of production. Isoquant Describing Production of Wheat