Optimal Economic Growth with Exhaustible Resources PDF Download
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Author: Prem C. Garg
Publisher: Routledge
ISBN: 1351593625
Category : Business & Economics
Languages : en
Pages : 112
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Book Description
Originally published in 1979. For decades conservationists have argued that increasing population will eventually out-strip the limited natural resources of the earth. Economists have responded by saying that any resource scarcity will be forestalled by changes in tastes and technology, induced by the appropriate price signals. This study is an attempt to develop a theoretical framework for analysing some of the issues related to this debate. Using an optimal growth theory framework, the author analyses the problem of optimally allocating a finite stock of the resource over time. In the process the author points out the crucial parameters and value judgments relevant to the various issues. This title will be of interest to students of environmental economics.
Author: Prem C. Garg
Publisher: Routledge
ISBN: 1351593625
Category : Business & Economics
Languages : en
Pages : 112
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Book Description
Originally published in 1979. For decades conservationists have argued that increasing population will eventually out-strip the limited natural resources of the earth. Economists have responded by saying that any resource scarcity will be forestalled by changes in tastes and technology, induced by the appropriate price signals. This study is an attempt to develop a theoretical framework for analysing some of the issues related to this debate. Using an optimal growth theory framework, the author analyses the problem of optimally allocating a finite stock of the resource over time. In the process the author points out the crucial parameters and value judgments relevant to the various issues. This title will be of interest to students of environmental economics.
Author: Hassan Benchekroun
Publisher:
ISBN: 9782893825922
Category :
Languages : en
Pages : 28
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Book Description
Author: Anthony C. Fisher
Publisher: CUP Archive
ISBN:
Category : Business & Economics
Languages : en
Pages : 308
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Book Description
Exhaustible resources: the theory of optimal depletion; Renewable resources: the theory of optimal use; Resource scarcity: are resources limits to growth? Natural resources and natural environments; Environmental pollution; Some concluding thoughts: the role of economics in the study of resource and environmental problems.
Author: G. M. Heal
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 706
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Book Description
These 27 articles on the economics of exhaustible resources date from 1931 to 1991.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309036410
Category : Political Science
Languages : en
Pages : 121
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Book Description
This book addresses nine relevant questions: Will population growth reduce the growth rate of per capita income because it reduces the per capita availability of exhaustible resources? How about for renewable resources? Will population growth aggravate degradation of the natural environment? Does more rapid growth reduce worker output and consumption? Do rapid growth and greater density lead to productivity gains through scale economies and thereby raise per capita income? Will rapid population growth reduce per capita levels of education and health? Will it increase inequality of income distribution? Is it an important source of labor problems and city population absorption? And, finally, do the economic effects of population growth justify government programs to reduce fertility that go beyond the provision of family planning services?
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.
Author: Evert van Imhoff
Publisher: Springer Science & Business Media
ISBN: 3642838952
Category : Political Science
Languages : en
Pages : 229
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Book Description
This book studies optimal economic growth in a closed economy which experiences non-stable population growth. The economy is described by means of a neoclassical growth model which distinguishes overlapping generations within the population. The basic neoclassical growth model is extended to include various types of technical change, as well as investment in human capital or education. The research described in this book connects the analytical tools of traditional growth theory with the actual demographic experience of most industrialized countries. The role of demographic processes in the growth theoretical literature is discussed in the next section. The discussion will show that growth theory needs to extend its scope through the construction of growth models which explicitly recognize demographic forces as a potential source of non-stationarities. This book constitutes a first attempt at such a demographic extension. 1.1 Growth theory and demographic change The theory of economic growth (e.g. Solow, 1970; Burmeister & Dobell, 1970; Wan, 1971) attempts to describe and to explain the long-run development of an economic system (or, in short, economy). An economic system is essentially dynamic in nature. Among the most important sources of dynamics in economics are the following: accumulation of capital (investment); technical change; population growth. Some of these dynamic forces are, at least in part, endogenous to the economic system (i.e. determined by economic variables).
Author:
Publisher: Routledge
ISBN: 0415686830
Category : Business & Economics
Languages : en
Pages : 170
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Book Description
The book is a concise introduction to an emerging field within economics. Drawing on numerous disciplines, including environmental science, environmental and ecological economics and optimal growth theory, sustainability remains a hazy and complex subject. The author set out with two objectives: one, to bring some order into the proliferating measures, models and management of sustainability; and two, to facilitate access to a complex inter-disciplinary subject area. The book points to practical ways of assessing and enhancing the long-term environmental and economic sustainability of our economies. The result is a fully international study that should bridge the gap between disciplines and prove to be an essential guide to anyone interested in one of the most important concepts in the social sciences.
Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 508
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Book Description
Author: Donella H. Meadows
Publisher: Universe Pub
ISBN: 9780876632222
Category : Economic development.
Languages : en
Pages : 0
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Book Description
Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs
