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

Infrastructure , Infrastructure : Infrastructure plays an important ro...

Infrastructure : Infrastructure plays an important role in the development of an economy. The adequacy or lack of it determines an economy's success or failure in increasing p

Price mechanism, how does the prices system affect a country

how does the prices system affect a country

Microeconomics, Using real life examples and the use of the following conce...

Using real life examples and the use of the following concepts: Effecient vs Ineffecient and Opportunity cost and increasing opportunity cost

Perform a threshold analysis, You are a member of a problem solving group t...

You are a member of a problem solving group that is concerned with incidents involving losses with their information system (IS). Let us assume that IS loss events can be grouped i

Exit strategy, Exit Strategy The exit strategy denotes that which inves...

Exit Strategy The exit strategy denotes that which investors in an organizations realize all or elements of their investment, regardless of the organizations success.

Determine the harrod-domar model, What barriers to economic growth can be e...

What barriers to economic growth can be explained using the Harrod-Domar model? Definition and outline of the Harrod-Domar model; growth in national income = savings ratio over

International trade, International trade: International trade refers t...

International trade: International trade refers to the exchange of goods and services between countries. Goods sold to other countries are referred to as exports and goods bou

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