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Climate Policy and the Optimal Extraction of High- and Low-Carbon Fossil Fuels
van der Werf, Edwin; Smulders, Sjak - 2007
We study how restricting CO2 emissions affects resource prices and depletion over time. We use a Hotelling-style model with two non-renewable fossil fuels that differ in their carbon content (e.g. coal and natural gas) and in addition are imperfect substitutes in final good production. We show...
Persistent link: https://www.econbiz.de/10009445083
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Value creation in the resource business
Garcia, J. M.; Camus, J. P. - 2011
This paper highlights several management practices from the oil and gas industry to support the proposition that financial performance in the finite, non-renewable resource business relates more to upstream rather than downstream activities. Based on the analysis of nine oil and gas companies,...
Persistent link: https://www.econbiz.de/10009448090
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Exact Measures of Income in Two Capital-Resource-Time Economies
Pezzey, John C.V - 2001
Exact optimal paths are calculated for two closed, continuous-time economies with explicit functional forms for utility from consumption, and for production from human-made capital and a non-renewable resource. Features of the first economy are non-linear utility, hyperbolic utility discounting...
Persistent link: https://www.econbiz.de/10009451718
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The economics of gold mining taxation
Mangondo, Kismore - 2006
Currently the gold mining industry is taxed differently to other industries. It is taxed on a two-tier system. The nature of the gold mining tax formula encourages the mining of marginal gold ores. Firms that are involved in the mining of gold are subjected to a "tax tunnel", which is a tax free...
Persistent link: https://www.econbiz.de/10009457823
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Savings and investment decisions in a poor oil economy: beyond the textbook case
Collier, Paul; Gunning, Jan Willem - 2007
The current commodity boom is a major opportunity for poor countries exportingexhaustible resources such as oil. In the past oil booms were often mismanaged leaving the country with lower long run income. Many countries are now well aware that booms require intricate savings and investment...
Persistent link: https://www.econbiz.de/10009441531
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The direction of technical change in capital-resource economies
Di Maria, Corrado; Valente, Simone - 2006
We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously determines whether technical progress will be capital- or...
Persistent link: https://www.econbiz.de/10009475728
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Two economic perspectives on the IPv6 transition
School of Information Systems
Purpose – IPv6 is the replacement for the Internet’s incumbent protocol, IPv4. IPv6 adoption is required to allow the Internet to continue to grow; however, there has been almost no uptake since its standardisation in the late 1990s. This paper seeks to explain how this non-adoption may be a...
Persistent link: https://www.econbiz.de/10009480130
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Resource allocation in the Grid. A market engineering approach
Schnizler, Björn - 2007
The Grid provides access to distributed computational capabilities such as processors or storage space. One of the key problems is deciding which jobs are to be allocated to which resources at what time. In this context, the use of market mechanisms is a promising approach to solve these...
Persistent link: https://www.econbiz.de/10009434636
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Market-Based Scheduling in Distributed Computing Systems
Stößer, Jochen - 2009
In verteilten Rechensystemen (bspw. im Cluster und Grid Computing) kann eine Knappheit der zur Verfügung stehenden Ressourcen auftreten. Hier haben Marktmechanismen das Potenzial, Ressourcenbedarf und -angebot durch geeignete Anreizmechanismen zu koordinieren und somit die ökonomische...
Persistent link: https://www.econbiz.de/10009434657
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Resource aggregation issues and effects in mixed model assembly
Burdett, Robert L.; Kozan, Erhan - 2003
sequencing and scheduling decisions may be performed more efficiently. Resource aggregation can potentially and significantly … requirements, current and future jobs and workloads, travelling distances and adjacency conditions. Very little theory however … machine scheduling environment and for any combination of distinct and indistinct resources. A number of alternative measures …
Persistent link: https://www.econbiz.de/10009437549