U.S. Land Policy, Property Rights, and The Dust Bowl of the 1930s

Abstract
"Many environmental issues examined by economists and political scientists, such as common-pool problems, result from the absence of well-defined property rights. The issue examined in this paper, is a different, although related one. Here we address the environmental costs of an inappropriate allocation of property rights, where the rights distribution does not rapidly adjust to a more efficient arrangement."
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Keywords
land tenure and use, property rights, drought, agriculture
Citation
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