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This paper links Hotelling's theory, in recent literature applied to an emission constrained environment, with the …
Persistent link: https://www.econbiz.de/10010433602
It would seem that Hotelling's rule and its related models of resource extraction and electricity production as largest …
Persistent link: https://www.econbiz.de/10011761659
Persistent link: https://www.econbiz.de/10012224407
This paper investigates the effect of institutional quality on sustainable development.Institutional quality is assumed to determine the (perceived) risk in the face of which oil and mining firms determine their level of investment in physical and natural capital. Since these two types of...
Persistent link: https://www.econbiz.de/10011419424
Over recent years Genuine Savings (GS) has emerged as an indicator for weak sustainability and predictor of socio …
Persistent link: https://www.econbiz.de/10012649452
Persistent link: https://www.econbiz.de/10015073395
for the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are large enough, producers …, and overproduce relative to the Hotelling rule. …
Persistent link: https://www.econbiz.de/10010340880
In 1931 Harold Hotelling published his seminal contribution to the economic theory of exhaustible resources. His major … provides support for the position that the Hotelling rule is relevant for the long term development of resource prices. …
Persistent link: https://www.econbiz.de/10010481219
This encyclopedia entry examines the relationship between saving behavior in capitalist economies and their … macroeconomic performance. It first considers various accounting issues in defining "saving" and argues for the significance of … these accounting distinctions for understanding how saving affects macroeconomic activity. It then surveys theoretical and …
Persistent link: https://www.econbiz.de/10014108011
Persistent link: https://www.econbiz.de/10003830941