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Article: Property rights and contractual approach to sustainable development

TitleProperty rights and contractual approach to sustainable development
Authors
Yu, BTShaw, DFu, TTLai, LWC
KeywordsCoase theorem
Property rights and contractual approach
Resource entitlements
Schumpeterian process
Sustainable development
Issue Date2000
PublisherSpringer Japan.
Citation
Environmental Economics and Policy Studies, 2000, v. 3 n. 3, p. 291-309 How to Cite?
DOI: http://dx.doi.org/10.1007/BF03354042
AbstractSustainable development is argued to exist in weak and strong versions. Although the use of a property rights and contractual approach has been well understood in the case of weak sustainable development, the approach has been virtually ignored in the strong version. This paper formulates a property rights and contractual approach for the strong version of sustainable development. By reference to an analytical model and examples from Hong Kong and Taiwan, a Schumpeterian process and the institution of resource entitlements are shown to be the necessary ingredients to promote the strong version of sustainable development.
Persistent Identifierhttp://hdl.handle.net/10722/81688
ISSN
1432-847X
2023 Impact Factor: 2.3
2023 SCImago Journal Rankings: 0.592

 

DC FieldValueLanguage
dc.contributor.authorYu, BT-
dc.contributor.authorShaw, D-
dc.contributor.authorFu, TT-
dc.contributor.authorLai, LWC-
dc.date.accessioned2010-09-06T08:20:52Z-
dc.date.available2010-09-06T08:20:52Z-
dc.date.issued2000-
dc.identifier.citationEnvironmental Economics and Policy Studies, 2000, v. 3 n. 3, p. 291-309-
dc.identifier.issn1432-847X-
dc.identifier.urihttp://hdl.handle.net/10722/81688-
dc.description.abstractSustainable development is argued to exist in weak and strong versions. Although the use of a property rights and contractual approach has been well understood in the case of weak sustainable development, the approach has been virtually ignored in the strong version. This paper formulates a property rights and contractual approach for the strong version of sustainable development. By reference to an analytical model and examples from Hong Kong and Taiwan, a Schumpeterian process and the institution of resource entitlements are shown to be the necessary ingredients to promote the strong version of sustainable development.-
dc.languageeng-
dc.publisherSpringer Japan.-
dc.relation.ispartofEnvironmental Economics and Policy Studies-
dc.rightsThe final publication is available at Springer via http://dx.doi.org/[insert DOI]-
dc.subjectCoase theorem-
dc.subjectProperty rights and contractual approach-
dc.subjectResource entitlements-
dc.subjectSchumpeterian process-
dc.subjectSustainable development-
dc.titleProperty rights and contractual approach to sustainable development-
dc.typeArticle-
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1432-847X&volume=3 3&spage=291&epage=309&date=2000&atitle=A+Property+Rights+and+Contractual+Approach+To+Sustainable+Developmenten_HK
dc.identifier.emailLai, LWC: wclai@hku.hk-
dc.identifier.authorityLai, LWC=rp01004-
dc.identifier.doi10.1007/BF03354042-
dc.identifier.scopuseid_2-s2.0-0000463865-
dc.identifier.hkuros60179-
dc.identifier.volume3-
dc.identifier.issue3-
dc.identifier.spage291-
dc.identifier.epage309-
dc.publisher.placeJapan-
dc.identifier.issnl1432-847X-

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