Author: Calvin Atewamba
Publisher:
ISBN: 9782893826257
Category :
Languages : en
Pages :
Book Description
Prices of Durable Nonrenewable Natural Resources Under Stochastic Investment Opportunities
Author: Calvin Atewamba
Publisher:
ISBN: 9782893826257
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9782893826257
Category :
Languages : en
Pages :
Book Description
The Evolution of Natural Resource Prices Under Stochastic Investment Opportunities
Author: Gérard Gaudet
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 50
Book Description
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 50
Book Description
Natural Resource Pricing and Rents
Author: Andrey Vavilov
Publisher: Springer Nature
ISBN: 3030767531
Category : Business & Economics
Languages : en
Pages : 314
Book Description
This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It presents the key contributions to this field of research, including the pioneering works and contemporary studies. The book highlights the basic principles and ideas underlying theoretical models of resource pricing. The models considered in the book underline the fundamental determinants of resource prices and the economic nature of rents for non-renewable and renewable resources. Besides the classical theory of exhaustible resource economics, the book includes several issues that are of high importance for global economic growth, such as the transition to alternative energy and the economics of climate change. The authors also consider the issues of commodity pricing and a resource cartel’s activity that are relevant to the world oil market. The book provides analytical solutions illustrated with numerical examples. It allows an intuitive understanding of the subject and the model inferences through graphical illustrations and an informal introduction. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics.
Publisher: Springer Nature
ISBN: 3030767531
Category : Business & Economics
Languages : en
Pages : 314
Book Description
This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It presents the key contributions to this field of research, including the pioneering works and contemporary studies. The book highlights the basic principles and ideas underlying theoretical models of resource pricing. The models considered in the book underline the fundamental determinants of resource prices and the economic nature of rents for non-renewable and renewable resources. Besides the classical theory of exhaustible resource economics, the book includes several issues that are of high importance for global economic growth, such as the transition to alternative energy and the economics of climate change. The authors also consider the issues of commodity pricing and a resource cartel’s activity that are relevant to the world oil market. The book provides analytical solutions illustrated with numerical examples. It allows an intuitive understanding of the subject and the model inferences through graphical illustrations and an informal introduction. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics.
Analyzing Nonrenewable Resource Supply
Author: Douglas R. Bohi
Publisher: Routledge
ISBN: 1317361423
Category : Nature
Languages : en
Pages : 226
Book Description
Originally published in 1984, Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions, the effects of resource depletion on costs and behaviour, and the influence of uncertainty about costs, prices, and reserves. This title will be useful to students interested in environmental studies and economics, practitioners, and others who need to know more about complex interactions of economic forces and the resource base.
Publisher: Routledge
ISBN: 1317361423
Category : Nature
Languages : en
Pages : 226
Book Description
Originally published in 1984, Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions, the effects of resource depletion on costs and behaviour, and the influence of uncertainty about costs, prices, and reserves. This title will be useful to students interested in environmental studies and economics, practitioners, and others who need to know more about complex interactions of economic forces and the resource base.
Non-Renewable Resources Extraction Programs and Markets
Author: J. Hartwick
Publisher: Routledge
ISBN: 1136469427
Category : Business & Economics
Languages : en
Pages : 163
Book Description
Considers the role of economics in discussions about the depletion of finite stocks of natural resources including oil.
Publisher: Routledge
ISBN: 1136469427
Category : Business & Economics
Languages : en
Pages : 163
Book Description
Considers the role of economics in discussions about the depletion of finite stocks of natural resources including oil.
Nonrenewable Resource Prices
Author: Junsoo Lee
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 40
Book Description
In this paper we examine temporal properties of eleven natural resource real price series from 1870-1990 by employing a Lagrangian Multiplier unit root test that allows for two endogenously determined structural breaks with and without a quadratic trend. Contrary to previous research, we find evidence against the unit root hypothesis for all price series. Our findings support characterizing natural resource prices as stationary around deterministic trends with structural breaks. This result is important in both a positive and normative sense. For example, without an appropriate understanding of the dynamics of a time series, empirical verification of theories, forecasting, and proper inference are potentially fruitless. More generally, we show that both pre-testing for unit roots with breaks and allowing for breaks in the forecast model can improve forecast accuracy.
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 40
Book Description
In this paper we examine temporal properties of eleven natural resource real price series from 1870-1990 by employing a Lagrangian Multiplier unit root test that allows for two endogenously determined structural breaks with and without a quadratic trend. Contrary to previous research, we find evidence against the unit root hypothesis for all price series. Our findings support characterizing natural resource prices as stationary around deterministic trends with structural breaks. This result is important in both a positive and normative sense. For example, without an appropriate understanding of the dynamics of a time series, empirical verification of theories, forecasting, and proper inference are potentially fruitless. More generally, we show that both pre-testing for unit roots with breaks and allowing for breaks in the forecast model can improve forecast accuracy.
Natural Resources Economics
Author: Wilfred H. Pine
Publisher: P A G L Press
ISBN:
Category : Nature
Languages : en
Pages : 68
Book Description
Publisher: P A G L Press
ISBN:
Category : Nature
Languages : en
Pages : 68
Book Description
Journal of Economic Literature
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 758
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 758
Book Description
Valuation of Natural Resource Investments with Stochastic Term Structures of Convenience Yields and Interest Rates
Author: Kristian R. Miltersen
Publisher:
ISBN:
Category :
Languages : en
Pages : 13
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 13
Book Description
Resource Economics
Author: Jon M. Conrad
Publisher: Cambridge University Press
ISBN: 9780521649742
Category : Business & Economics
Languages : en
Pages : 228
Book Description
The book covers basic concepts, shows how to set up spreadsheets to solve dynamic allocation problems, and presents economic models for various industries.
Publisher: Cambridge University Press
ISBN: 9780521649742
Category : Business & Economics
Languages : en
Pages : 228
Book Description
The book covers basic concepts, shows how to set up spreadsheets to solve dynamic allocation problems, and presents economic models for various industries.