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This paper is concerned with the classic topic of intertemporal resource economics: the optimal harvesting of renewable natural resources over time by one and several resource owners with conflicting interests. The traditional management model, dating back to Plourde (1970), is extended towards...
Persistent link: https://www.econbiz.de/10011260516
Renewable energy resources in the Syrian Arab Republic are surveyed. Potential of solar, wind and bio-mass resources and their promising applications are analyzed. The annual average long-term solar radiation on a horizontal plane is measured and found to be 5.2 kWh/m2 per day. Wind speed...
Persistent link: https://www.econbiz.de/10010806352
The power plants based on renewable sources face various acceptance difficulties mainly due to high initial costs and low overall efficiencies. A way to improve performance of these systems is to utilize more than one type of source of energy chosen to provide some degree of complementarity. An...
Persistent link: https://www.econbiz.de/10010807204
This paper is concerned with the classic topic of intertemporal resource economics: the optimal harvesting of renewable natural resources over time by one and several resource owners with conflicting interests. The traditional management model, dating back to Plourde (1970), is extended towards...
Persistent link: https://www.econbiz.de/10009371835
It is reasonable to consider the stock of any renewable resource as a capital stock and treat the exploitation of that resource in much the same way as one would treat accumulation of a capital stock. This has been done to some extent in earlier papers containing a discussion of this point of...
Persistent link: https://www.econbiz.de/10008540109
In this paper, the basic assumption is that the environment provides two different kinds of services. First, the environment may serve as an input to the production of conventional goods. For example, the exploitation of an oil source from which one firm extracts the oil which in turn is used as...
Persistent link: https://www.econbiz.de/10011111863