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Essays in the economics of exhaustible resources /

Essays in the Economics of Exhaustible Resources.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Kemp, Murray C., Long, N. V.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Amsterdam ; New York : New York, N.Y., U.S.A. : North-Holland ; Sole distributors for the U.S.A. and Canada, Elsevier Science Pub. Co., 1984.
Colección:Contributions to economic analysis ; 150.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Front Cover; Essays in the Economics of Exhaustible Resources; Copyright Page; Preface; Table of Contents; PART I: INTRODUCTION; Essay 1. The state of the art; 1. Introduction; 2. Survival; 3. Optimal exploitation; 4. Competitive market exploitation; 5. Non-competitive market exploitation; References; PART II: THE PROBLEM OF SURVIVAL; Essay 2. The problem of survival: A closed economy; 1. Introduction; 2. More general production functions; 3. Many deposits; 4. Costly extraction; 5. Technical progress; References; Essay 3. The problem of survival: An open economy; 1. Introduction; 2. Analysis
  • 3. The possibility of storage4. An alternative model; References; PART III: THE OPTIMAL ORDER OF EXPLOITATION; Essay 4. Towards a more general theory of the order of exploitation of non-renewable resource-deposits; 1. Introduction; 2. The simplest case: No fixed costs of extraction and no set-up costs; 3. Set-up costs and flow fixed costs; 4. Final remarks; References; Essay 5. The optimal order of exploitation of deposits of a renewable resource; 1. Introduction; 2. Assumptions and formulation; 3. Some preliminary results; 4. The stable locus; 5. The optimal trajectory; 6. Concluding remarks
  • 5. Dispersed ownership of the resource, freedom of entry to the development and production of the substituteReferences; Essay 8. The optimal restriction of resource imports and the optimal investment in capacity for substitute production; 1. Introduction; 2. La mise en sc�ene; 3. Case 1: Universal free trade; 4. Case 2: Intervention by the government of the resource-poor home country; 5. Case 3: Intervention by the resource-rich country; References; PART IV: THE ECONOMICS OF FORESTS AND FISHERIES; Essay 9. On the economics of forests; 1. Introduction; 2. The model; 3. Linear utility
  • 4. The possibility of decentralization5. Relaxing the assumption of fixed coefficients; 6. Concave utility; 7. Variations and generalizations; References; Essay 10. On the economics of international fisheries; 1. Introduction; 2. Sufficient conditions for Nash optimality; References; Essay 11. Oligopolistic extraction of a common-property resource: Dynamic equilibria; 1. Introduction; 2. Conjectural equilibria; 3. Rational-expectations equilibrium; 4. Relationship to seepage models; 5. Concluding comments; References; PART V: EXHAUSTIBLE RESOURCES AND WELFARE ECONOMICS