The Resource Sector In A Open Economy
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The Resource Sector In An Open Economy
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Author : H. Siebert
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Resource Sector In An Open Economy written by H. Siebert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
the economics of exhaustible " assets presents a whole forest of intriguing problems." 1 Harald Hotelling ) The two energy price shocks in 1973/74 and 1979/80 have arosed interest in the new area of resource economics. The affluent societies of Europe, North America and Japan were confronted with the new scarcity paradigm of the "space ship earth" with only a limited supply of natural resources aboard whereas population is growing and the environment can not accomodate the increasing volume of pollutants. The problem of natural resource scarcity gives rise to the question how resource-dependent economies like European coun tries and Japan are affected by an increase in resource prices and how they can adjust to rising energy prices. The new para digm also has focused new interest on the problem of the re source-extracting firm and of the resource-exporting country. The Hotelling revival of resource economics has given new im portance to the behavior and to the policy issues of resource exporting countries.
The Resource Sector In An Open Economy
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Author :
language : en
Publisher:
Release Date : 1984
The Resource Sector In An Open Economy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.
The Resource Sector In A Open Economy
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Author :
language : de
Publisher:
Release Date : 1984
The Resource Sector In A Open Economy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.
The Resource Sector In An Open Economy With Contributions By K Enders E Gerken H Herberg N Van Long M G Porter H Siebert
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Author : Horst Siebert
language : en
Publisher:
Release Date : 1984
The Resource Sector In An Open Economy With Contributions By K Enders E Gerken H Herberg N Van Long M G Porter H Siebert written by Horst Siebert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.
International Trade And Open Access Renewable Resources
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Author : James A. Brander
language : en
Publisher: Department of Economics, University of British Columbia
Release Date : 1995
International Trade And Open Access Renewable Resources written by James A. Brander and has been published by Department of Economics, University of British Columbia this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with International trade categories.
This paper develops a two-sector general equilibrium model of an economy with an open access renewable resource. We characterize the autarkic steady state, showing that autarky prices (and 'comparative advantage') are determined by the ratio of intrinsic resource growth to labor. Under free trade, steady state trade and production patterns for a small open economy are determined by whether the resource good's world price exceeds its autarky price. Strikingly, if the small country exports the resource good while remaining diversified, then steady-state utility is lower than in autarky, and increases in the world price of exports are welfare-reducing.
The Open Economy And The Environment
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Author : Ian Coxhead
language : en
Publisher: Edward Elgar Publishing
Release Date : 2003
The Open Economy And The Environment written by Ian Coxhead and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This work asks what globalization means for environmental quality and the use of natural resources in developing economies. The authors develop theoretical models that trace the effects of trade and trade liberalization on sectoral resource allocation, factor returns, income and welfare, as well as incentives to clear forest and degrade agricultural land. The models reflect important developing economy features including spacial distinctions between uplands and lowlands, open-access forest resources and the special features of domestic food products. The authors also analyse representative economy submodels, explore empirical cases based on applied general equilibrium models of Asian economies, and examine welfare and environmental implications of migration, trade liberalization and development policy.
The Economics Of Natural Resource Use
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Author : John M. Hartwick
language : en
Publisher: Reading, Mass. ; Don Mills, Ont. : Addison-Wesley
Release Date : 1998
The Economics Of Natural Resource Use written by John M. Hartwick and has been published by Reading, Mass. ; Don Mills, Ont. : Addison-Wesley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
This text is a comprehensive examination of the economics of using natural reosurces in the modern economy. Presenting economic concepts essential to examining how resources can be sustained, extracted and harvested extensive use is made of diagrams and accompanying algebraic models.* NEW! This edition of the text features a new organization. The first section is an overview of techniques, the second focuses on static models of natural resource use, and the third examines dynamic models of natural resource use. * NEW! Revised and updated cases use real-world examples and show how they are linked to natural resource modeling. * NEW! Text pedagogy has been improved overall, including a much more extensive use of graphs. * Only current book solely on natural resources (without environmental econ) for all of North America. * The Second Edition stresses the economics of sustainability; continues thorough coverage of land and water use, fisheries, pollution policy, non-renewable resources, and forests. * Advanced chapters are included for use in honors/graduate courses: e.g., parts of Chapters 3, 9, 11, and 12.
Mining For Change
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Author : John Page
language : en
Publisher: Oxford University Press
Release Date : 2020-02-13
Mining For Change written by John Page and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-13 with Business & Economics categories.
For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. Countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. For these resource producing economies relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change. Mining for Change: Natural Resources and Industry in Africa presents research undertaken to understand how better management of the revenues and opportunities associated with natural resources can accelerate diversification and structural change in Africa. It begins with essays on managing the boom, the construction sector, and linking industry to the major issues that frame the question of how to use natural resources for structural change. It reports the main research results for five countries-Ghana, Mozambique, Uganda, Tanzania and Zambia. Each country study covers managing the boom, the construction sector, and linking industry to the resource. Mining for Change argues that good policy can make a difference and sets out ideas for policy change and widening the options for structural change. . An open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence.
Open Access Renewable Resources
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Author : James A. Brander
language : en
Publisher: Department of Economics, University of British Columbia
Release Date : 1996
Open Access Renewable Resources written by James A. Brander and has been published by Department of Economics, University of British Columbia this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Commercial policy categories.
News Shocks In Open Economies
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Author : Mr.Rabah Arezki
language : en
Publisher: International Monetary Fund
Release Date : 2015-09-29
News Shocks In Open Economies written by Mr.Rabah Arezki and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-29 with Business & Economics categories.
This paper explores the effect of news shocks on the current account and other macroeconomic variables using worldwide giant oil discoveries as a directly observable measure of news shocks about future output ? the delay between a discovery and production is on average 4 to 6 years. We first present a two-sector small open economy model in order to predict the responses of macroeconomic aggregates to news of an oil discovery. We then estimate the effects of giant oil discoveries on a large panel of countries. Our empirical estimates are consistent with the predictions of the model. After an oil discovery, the current account and saving rate decline for the first 5 years and then rise sharply during the ensuing years. Investment rises robustly soon after the news arrives, while GDP does not increase until after 5 years. Employment rates fall slightly for a sustained period of time.