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

The concept of consumer surplus, consumer surplus and elasticity of demand ...

consumer surplus and elasticity of demand assumption of consumer surplus criticisms of consumer surplus consumer surplus in terms of indifference curves importance of the concept o

Explain about natural monopoly, Q. Explain about Natural Monopoly? Natu...

Q. Explain about Natural Monopoly? Natural Monopoly: In some industries, economies of scale are so strong that it makes most economic sense for there to be just one supplier. T

Consumer surplus, using necessary and sufficient condition explain consumer...

using necessary and sufficient condition explain consumer surplus diagrammically and mathematically?

Consumer Behavior, Monica consumes only goods A and B. Suppose that her mar...

Monica consumes only goods A and B. Suppose that her marginal uility from consuming good A is equal to 1/Qa, and her marginal utility from consuming good B is 1/Qb. If the price of

Determine the consumer surplus and the average price per cup, Suppose the d...

Suppose the demand curve for a consumer for coffee is: Q = 6 – 2P, where Q represents the number of cups per day and P is the price of coffee per cup.  Question: Sppose the co

H.W. help, Suppose the price of printing paper for digital cameras has rece...

Suppose the price of printing paper for digital cameras has recently risen by 10 percent due to an increase in the cost of materials used in the finish for the paper. As a result,

Explain the price inflation and wage inflation, What is the difference betw...

What is the difference between Price inflation and Wage Inflation?  Price inflation is the rate of enhance in the prices of goods and services whereas the wage inflation is ra

Restrictions on international trade, Protection against dumping: It co...

Protection against dumping: It could be looked at as the export of commodities priced below cost of production. Dumping is generally looked upon as an unfair trading practice

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