Data for: Endogenous growth and property rights over renewable resources

Abstract of associated article: We study how different regimes of access rights to renewable natural resources – namely open access versus full property rights – affect sustainability, growth and welfare in the context of modern endogenous growth theory. Resource exhaustion may occur under both regimes but is more likely to arise under open access. Moreover, under full property rights, positive resource rents increase expenditures on manufacturing goods and temporarily accelerate productivity growth, but also yield a higher resource price at least in the short-to-medium run. We characterize analytically and quantitatively the model׳s dynamics to assess the welfare implications of differences in property rights enforcement.关联论文摘要：本研究基于现代内生增长理论框架，探讨可再生自然资源使用权的不同制度——即开放获取（open access）与完全产权（full property rights）——对可持续性、经济增长与社会福利的影响。两种制度下均可能出现资源耗竭，但开放获取制度下的耗竭风险更高。此外，在完全产权制度下，正的资源租金会提升制成品消费支出，并暂时加快生产率增长，但至少在中短期内会推高资源品价格。本研究通过解析与定量方法刻画模型的动态特征，以此评估产权执行力度差异所带来的福利效应。