Economic Theory and International Trade in Natural Exhaustible Resources

Economic Theory and International Trade in Natural Exhaustible Resources PDF Author: Cees Withagen
Publisher: Springer Science & Business Media
ISBN: 3642465587
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
This study is concerned with the economic theory of exhaustible resources. My interest in exhaustible resources dates back several years when prof. dr. J. Cramer and prof. dr. C. von Weizsacker stimu lated me to direct my research, at the Faculty of Actuarial Science and Econometrics of the University of Amsterdam, to the exploitation of Dutch natural gas. This issue raised many theoretical problems, in which I got gradually more and more involved. I was lucky to find in prof. dr. H. Weddepohl a person prepared to listen patiently and to read and critisize my numerous attempts to solve these problems. The actual work on the present monograph started in 1982 at the Faculty of Philosophy and Social Sciences of the Eindhoven University of Technology, in the context of the program "Equilibrium and Dis equilibrium" of the "voorwaardelijke financiering" (universitary financing system). I wish to thank here my supervisors prof. dr. P. Ruys and prof. dr. H. Weddepohl for their comments on earlier drafts of this monograph. When looking back, I realize that their remarks and our dis cussions have led to notable improvements. Also the Internation~l Institute for Applied Systems Analysis (Laxenburg, Austria) has made a valuable contribution by offering me the opportunity to spend three months in its serene academic environment in the summer of 1983. Thanks also to the energy group of I. I. A. S. A. and the I. I. A. S. A. foundation Netherlands.

Economic Theory and Exhaustible Resources

Economic Theory and Exhaustible Resources PDF Author: P. S. Dasgupta
Publisher: Cambridge University Press
ISBN: 9780521297615
Category : Business & Economics
Languages : en
Pages : 520

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Book Description
A book on the economics of exhaustible resources requires no justification. A long book does. The purist will find disquieting our two-asset, constant population model with which we analyse growth possibilities in an economy with exhaustible resources.

Scarcity and Growth

Scarcity and Growth PDF Author: Harold J. Barnett
Publisher: Routledge
ISBN: 1135989176
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity did not increase in the Unites States during the period 1870 to 1957. Originally published in 1963

The Economics of Nonrenewable Resources

The Economics of Nonrenewable Resources PDF Author: Robert Halvorsen
Publisher: Edward Elgar Publishing
ISBN: 9781781952238
Category : Nonrenewable natural resources
Languages : en
Pages : 0

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Book Description
The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive one volume collection contains forty-six of the most important and influential journal articles by some of the leading scholars in the field. Subjects included are: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The collection concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes. With an original introduction by the editor, this collection will be an important resource for students, academics and practitioners.

Natural Resource Economics

Natural Resource Economics PDF Author: Jon M. Conrad
Publisher: Cambridge University Press
ISBN: 1108499333
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
Presents models of renewable and non-renewable resources and provides analytical methods to explore contemporary resource problems.

Essays in the Economics of Exhaustible Resources

Essays in the Economics of Exhaustible Resources PDF Author: N.V. Long
Publisher: Elsevier
ISBN: 1483294951
Category : Science
Languages : en
Pages : 260

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Book Description
Essays in the Economics of Exhaustible Resources

Natural Resources, Neither Curse nor Destiny

Natural Resources, Neither Curse nor Destiny PDF Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 0821365460
Category : Nature
Languages : en
Pages : 396

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Book Description
'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.

Natural Resources as Capital

Natural Resources as Capital PDF Author: Larry Karp
Publisher: MIT Press
ISBN: 0262534053
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses.

Valuing the Future

Valuing the Future PDF Author: G. M. Heal
Publisher: Columbia University Press
ISBN: 9780231113076
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Heal presents a coherent framework for understanding the Earth's future from an economic perspective and offers a dynamic new blueprint for comprehending sustainability.

Applied Simulated Annealing

Applied Simulated Annealing PDF Author: Rene V.V. Vidal
Publisher: Springer Science & Business Media
ISBN: 3642467873
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
In February 1992, I defended my doctoral thesis: Engineering Optimiza tion - selected contributions (IMSOR, The Technical University of Den mark, 1992, p. 92). This dissertation presents retrospectively my central contributions to the theoretical and applied aspects of optimization. When I had finished my thesis I became interested in editing a volume related to a new expanding area of applied optimization. I considered several approaches: simulated annealing, tabu search, genetic algorithms, neural networks, heuristics, expert systems, generalized multipliers, etc. Finally, I decided to edit a volume related to simulated annealing. My main three reasons for this choice were the following: (i) During the last four years my colleagues at IMSOR and I have car ried out several applied projects where simulated annealing was an essential. element in the problem-solving process. Most of the avail able reports and papers have been written in Danish. After a short review I was convinced that most of these works deserved to be pub lished for a wider audience. (ii) After the first reported applications of simulated annealing (1983- 1985), a tremendous amount of theoretical and applied work have been published within many different disciplines. Thus, I believe that simulated annealing is an approach that deserves to be in the curricula of, e.g. Engineering, Physics, Operations Research, Math ematical Programming, Economics, System Sciences, etc. (iii) A contact to an international network of well-known researchers showed that several individuals were willing to contribute to such a volume.