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.
Cookies are disabled, please note some site features may not function correctly.
We store cookies on your computer when you visit BOOKS etc. to support site features like logging in and remembering your basket items etc. We may also use cookies to better understand how our site is being used so it can be improved.
We allow third parties to store cookies in order to better understand traffic patterns and user habits,
collected statistics are general and do not include personal identity or personal information. Our privacy policy.