Non-renewable resources extraction programs and markets
著者
書誌事項
Non-renewable resources extraction programs and markets
(Harwood fundamentals of pure and applied economics / editors in chief, J. Lesourne, H. Sonnenschein, 31 . Environmental & natural resource economics ; 1)
Routledge, 2001
- : set
- タイトル別名
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Non-renewable resources : extraction programs and markets
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注記
Reprint. Originally published: Chur, Switzerland : Harwood Academic Publishers, c1989. (Fundamentals of pure and applied economics ; v. 33. Natural resources and environmental economics section)
Includes bibliographical references (p. 124-129) and index
内容説明・目次
- 巻冊次
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: set ISBN 9780415269513
内容説明
First published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.
目次
J. Hartwick Non-renewable Resources Extraction Programs and Markets J. Cremer and D. Salehi-Isfahani Models of the Oil Market P. Lasserre Long Term Control of Exhaustible Resources
- 巻冊次
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ISBN 9780415274609
内容説明
Considers the role of economics in discussions about the depletion of finite stocks of natural resources including oil.
目次
- 1. INTRODUCTION
- 2. THE PRICE-TAKING RESOURCE-EXTRACTING FIRM
- Introduction
- Details of the Resource Extracting Firm
- Asset Equilibrium Along Optimal Programs
- The Output Constrained Firm and Initial Investments
- Solving the Model of the Firm and Comparative Statics
- A Production Function for Extraction for the Resource Extracting Firm
- Uncertainty in the Future Value of a Parameter
- Two Deposits of Uncertain Size Facing the Firm
- Varying Quality of Ore in the Model of the Extracting Firm
- 3. A RESOURCE EXTRACTION INDUSTRY
- Introduction
- The Industry in Detail
- Exhaustion of Finite Stocks and Society's Future
- Solving the Hotelling Model and Comparative Statics
- The Constant Elasticity of Demand (Zero Extraction Cost) Example
- The Linear Demand (Constant Extraction Cost) Example
- Quality Variation in the Industry Model
- Many Certain Deposits with Distinct Constant Extraction Costs
- Asset Equilibrium and Two Market Failures
- Monopoly Extraction
- 4. THE BACKSTOP AND OLIGOPOLY
- Introduction
- The Backstop Supply and Extraction Programs
- Uncertainty in the Date of Arrival of the Backstop
- Oligopoly and Extraction Programs
- Cournot Oligopoly with n Extracting Firms
- A Dominant Seller and a Competitive Fringe
- Oligopoly Under Alternative Solution Concepts
- Oligopoly With Imperfect Property Rights for Stocks
- 5. EXPLORATION AND TAXATION
- Introduction
- The Firm Exploring Under Certainty
- Uncertainty in Exploration by the Firm
- Search and Rent Dissipation
- Auctions and Resource Tract Sales
- Taxation of Exhaustible Resources
- 6. ECONOMIC GROWTH AND EXHAUSTIBLE RESOURCES
- Introduction
- Accumulation of Reproducible Capital (Population and Technology Unchanging)
- Investing Resource Rents
- Population Growth and Technical Progress
- Growth Without Extraction Costs (positive population growth with Neutral Technical Change)
- Growth Accounting with Exhaustible Resources
- 7. THEORY AND FACTS (STYLIZED AND OTHERWISE)
- References
- Appendix I: Notes on the Historical Background to Rent on Exhaustible Resources
- Appendix II: Economic Depreciation and Asset Equilibrium
- Appendix III: Costly Exploration and Extraction
- Index
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