Showing 1 - 9 of 9
In this paper we consider an endogenous growth model in which, among other inputs, we consider a renewable resource and secondary materials. Using this analytical framework we explain the effects of waste recycling on the growth rate of the economy, that we take into account. The effects of...
Persistent link: https://www.econbiz.de/10011335677
We incorporate a renewable resource into an overlapping generations model without capital and with quasi-linear preferences. Besides being an input for production the resource serves as a store of value. We characterise the dynamics, efficiency and stability of the steady state equilibria. The...
Persistent link: https://www.econbiz.de/10011608630
This paper examines a simple North-South growth model where negative externalities may contribute to reinforce economic growth. Agents' welfare depends on three goods in the model: leisure, a common access renewable natural resource (one in each hemisphere) and a non-storable consumption good....
Persistent link: https://www.econbiz.de/10011335707
Optimal management of biodiversity at the national level, even if achievable, is not necessarily consistent with a global optimum. While the existence of trading relationships allows for the possibility of the use of trade interventions as a means of imposing unilateral solutions, the presence...
Persistent link: https://www.econbiz.de/10011608352
As time passes, renewable resource scarcities are becoming more common throughout the world. There is increasing evidence that these scarcities are a causal factor in civil unrest and violent conflict, especially in developing countries. We present a simple model of renewable resource dynamics,...
Persistent link: https://www.econbiz.de/10011608442
Exhaustion of a natural resource stock may be a rational choice for an individual and/or a community, even if a sustainable use for the resource is feasible and the resource users are farsighted and well informed on the ecosystem. We identify conditions under which it is optimal not to sustain...
Persistent link: https://www.econbiz.de/10010312247
We evaluate the effectiveness of non optimal and temporally inconsistent incentive policies for regulating the exploitation of a renewable common-pool resource. The corresponding game is an N-person discrete-time deterministic dynamic game of T periods fixed duration. Three policy instruments...
Persistent link: https://www.econbiz.de/10010312387
This paper considers the relationship between natural resource management and poverty by analysing a specific example: an inland fishery in Bangladesh. The analysis involves substantial extensions to standard models and allows the simulation of market distortions and alternative management...
Persistent link: https://www.econbiz.de/10011608431
Industrial pollution can have damaging effects on resource-based productive sectors. International trade creates opportunities for overexploitation of the open-access renewable resources but also for separating the sectors spatially. The paper shows that, depending on the relative damage...
Persistent link: https://www.econbiz.de/10010312485