References
[1] H. Cole, G. Mailath, and A. Postlewaite: Social norms, savings behavior, and growth,
Journal of Political Economy 100 (1992) 1092-1125.
[2] J. Dutta and C. Rowat: The road to extinction: commons with capital markets, Working
Paper, Department of Economics, University of Birmingham, 2004.
[3] G. Gaudet, M. Moreaux, and S. Salant: Private storage of common property, Journal of
Environmental Economics and Management 43 (2002), 280-302.
[4] M. Kremer and C. Morcom: Elephants, American Economic Review 90 (2000), 212-234.
[5] P. Lane and A. Tornell: Power, growth, and the voracity effect, Journal of Economic
Growth 1 (1996), 213-241.
[6] I. Lindner and H. Strulik: Why not Africa? - On growth and welfare ef-
fects of secure property rights, Public Choice (forthcoming). [http://www.rrz.uni-
hamburg.de/holler/pdf/papers/Lindner_Strulik_Africa.pdf]
[7] H.-W. Sinn: Common property resources, storage facilities and ownership structures: a
Cournot model of the oil market, Economica 51 (1984), 235-252.
[8] G. Sorger: A dynamic common property resource problem with amenity value and extrac-
tion costs, Working Paper, Department of Economics, University of Vienna, 2004.
[9] A. Tornell: Economic growth and decline with endogenous property rights, Journal of
Economic Growth 2 (1997), 219-250.
[10] A. Tornell and P. Lane: The voracity effect, American Economic Review 89 (1999), 22-46.
[11] A. Tornell and A. Velasco: The tragedy of the commons and economic growth: why does
capital flow from poor to rich countries?, Journal of Political Economy 100 (1992), 1208-
1231.
18