State property regime , Microeconomics

Assignment Help:

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.


Related Discussions:- State property regime

Econ, Draw a Production Possibilities Frontier with consumer goods on the v...

Draw a Production Possibilities Frontier with consumer goods on the vertical axis and capital goods on the horizontal axis. Show how the PPF will shift if the production of capita

Aggregate demand and supply diagram, 1- Explain how a policy mix (like the ...

1- Explain how a policy mix (like the one used in 1990s) could help reduced to eliminate the budget deficit without having an adverse effect on the output.   Illustrate your answer

Need Homework help, If I submit an economics problem(Home work), How soon i...

If I submit an economics problem(Home work), How soon it will be answered?

Determine the is this agent maximizing is utility, 1. Suppose the wage rate...

1. Suppose the wage rate is w = 1. An agent is working 6 hours per day and consumes 5 units of goods per day. Suppose that the agent claims to be indifferent between his current

International bank for reconstruction and development, INTERNATIONAL BANK F...

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT: The main function of the IBRD is of long-term capital assistance to its member-countries for their reconstruction and de

Analyze the economic factors, Question 1: Using relevant examples to il...

Question 1: Using relevant examples to illustrate your arguments analyze the different economic impacts of tourism and discuss the different ways in which government can maximi

Compute marginal cost and average total cost, Crumble Corporation produces ...

Crumble Corporation produces cookies. Here is the relationship between the number of workers and output (in dozens of cookies) in a given day: Workers Output Marginal Product T

Demand for the big mac on the rise, Illustrate and explain the changing dem...

Illustrate and explain the changing demand for big mac using the indifference curve and budget line.

Physical capital, Physical Capital: A tangible tool, machine, building or o...

Physical Capital: A tangible tool, machine, building or other productive asset that is used to produce other goods or services. Pollution: Many economic activities involve disch

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd