Description

The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive research review discusses some of the most important and influential journal articles by some of the leading scholars in the field. Subjects discussed include: 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 research review 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.

The Economics of Nonrenewable Resources

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Hardback by Robert Halvorsen

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The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 27/04/2018
    ISBN13: 9781781952238, 978-1781952238
    ISBN10: 178195223X

    Number of Pages: 864

    Description

    The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive research review discusses some of the most important and influential journal articles by some of the leading scholars in the field. Subjects discussed include: 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 research review 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.

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