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Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights
Ploeg, Frederick Van der - CESifo - 2010
with insecure property rights, we analyze how resources are transformed into productive capital to sustain consumption. We … allow property rights to improve as the country transforms natural resources into capital. The ensuing power struggle about … result, the country substitutes away from resources to capital too rapidly and invests more than predicted by the Hartwick …
Persistent link: https://www.econbiz.de/10008583632
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Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights
van der Ploeg, Rick - 2013
with insecure property rights, we analyze how resources are transformed into productive capital to sustain consumption. We … allow property rights to improve as the country transforms natural resources into capital. The ensuing power struggle about … result, the country substitutes away from resources to capital too rapidly and invests more than predicted by the Hartwick …
Persistent link: https://www.econbiz.de/10013095003
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Why do many resource-rich countries have negative genuine saving? : anticipation of better times or rapacious rent seeking
Ploeg, Frederick van der - 2008
Persistent link: https://www.econbiz.de/10003785851
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Battle for Climate and Scarcity Rents: Beyond the Linear-Quadratic Case
Kagan, Mark; Ploeg, Frederick Van der; Withagen, Cees A. - CESifo - 2014
The nature of oil demand influences the oil extraction rate and hence has implications for both the timing of oil exhaustion and optimal climate policy. We analyse what role oil demand specification plays in strategic interactions b between an oil-importing country producing final goods and...
Persistent link: https://www.econbiz.de/10011264740
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Pareto Optimality in the Extraction of Fossil Fuels and the Greenhouse Effect : A Note
Sinn, Hans-Werner - 2021
to man-made capital. This judgment is independent of society's ethical preferences concerning the well-being of future …
Persistent link: https://www.econbiz.de/10013316842
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Public Policies Against Global Warming
Sinn, Hans-Werner - 2013
finance measures, constant unit carbon taxes and source taxes on capital income for resource owners stand out …
Persistent link: https://www.econbiz.de/10012753836
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Aggressive Oil Extraction and Precautionary Saving : Coping with Volatility
van der Ploeg, Rick - 2013
The effects of stochastic oil demand on optimal oil extraction paths and tax, spending and government debt policies are analyzed when the oil demand schedule is linear and preferences quadratic. Without prudence, optimal oil extraction is governed by the Hotelling rule and optimal budgetary...
Persistent link: https://www.econbiz.de/10013094761
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Unilateral Climate Policy, Asymmetric Backstop Adoption, and Carbon Leakage in a Two-Region Hotelling Model
van der Werf, Edwin - 2015
We study backstop adoption and carbon dioxide emission paths in a two-region model with unilateral climate policy and non-renewable resource consumption. The regions have an equal endowment of the internationally tradable resource and a backstop technology. We first study the case of a...
Persistent link: https://www.econbiz.de/10013039172
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Characterizing the Sustainability Problem in an Exhaustible Resource Model
Mitra, Tapan; Asheim, Geir B.; Buchholz, Wolfgang; … - 2021
The Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion poses the following …
Persistent link: https://www.econbiz.de/10013315930
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Is there really a green paradox?
Ploeg, Frederick van der; Withagen, Cees - 2012 - Revised 21 June 2012
initial capital stock below that of the steady state of the carbon-freeeconomy and the initial cost of oil (extraction cost … capital stock is aboveits steady state or renewables have an initial cost advantage. …
Persistent link: https://www.econbiz.de/10011380023