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Battle for Climate and Scarcity Rents: Beyond the linear-quadratic case
Kagan, Mark; Ploeg, Frederick van der; Withagen, Cees - Oxford Centre for the Analysis of Resource-Rich … - 2015
Industria imports oil, produces final goods and wishes to mitigate global warming. Oilrabia exports oil and buys final goods from the other country. Industria uses the carbon tax to impose an import tariff on oil and steal some of Oilrabia’s scarcity rent. Conversely, Oilrabia has monopoly...
Persistent link: https://www.econbiz.de/10011276407
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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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Exhaustible natural resources, normal prices and intertemporal equilibrium
Parrinello, Sergio - Dipartimento di Economia e Diritto, Facoltà di Economia - 2002
This paper proposes an extension of the classical theory of normal prices to an n-commodity economy with exhaustible …
Persistent link: https://www.econbiz.de/10009649921
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Why Do Many Resource-Rich Countries Have Negative Genuine Saving? Anticipation of Better Times or Rapacious Rent Seeking
van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2008
We investigate the Hartwick rule for saving of a nation necessary to sustain a constant level of private consumption for a small open economy with an exhaustible stock of natural resources. The amount by which a country saves and invests less than the marginal resource rents equals the expected...
Persistent link: https://www.econbiz.de/10005662316
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The Notion of Effectual Supply and the Theory of Normal Prices with Exhaustible Natural Resources
Parrinello, Sergio - In: Economic Systems Research 16 (2004) 3, pp. 311-322
This paper proposes a revised theory of the classical notion of normal prices for an economy with exhaustible natural …-established theory requires a reinterpretation and methodological clarification of Sraffa's equations, but without a change in their … mathematical form. The revised theory must focus on the effectual supply of the resource and it can ignore its total endowment. …
Persistent link: https://www.econbiz.de/10005451817
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Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights
Ploeg, Frederick Van der - CESifo - 2010
countries with less secure property rights. The theory suggests that adjusted net saving estimates calculated by the World Bank …
Persistent link: https://www.econbiz.de/10008583632
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Rapacious Resource Depletion, Excessive Investment and Insecure Property Rights: A Puzzle
Ploeg, Frederick - In: Environmental & Resource Economics 48 (2011) 1, pp. 105-128
Persistent link: https://www.econbiz.de/10008776725
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Rapacious Resource Depletion and Excessive Investment Fuelled by Rival Factions and Insecure Property Rights
Ploeg, Frederick van der - Oxford Centre for the Analysis of Resource-Rich … - 2009
For a country fractionalized in competing factions, each owning part of the stock of naturalexhaustible resources, or 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...
Persistent link: https://www.econbiz.de/10008670351
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Why Do Many Resource-Rich Countries Have Negative Genuine Saving?
Ploeg, Frederick van der - Oxford Centre for the Analysis of Resource-Rich … - 2008
We investigate the Hartwick rule for saving of a nation necessary to sustain a constant level of private consumption for a small open economy with an exhaustible stock of natural resources. The amount by which a country saves and invests less than the marginal resource rents equals the expected...
Persistent link: https://www.econbiz.de/10008670361
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Exhaustible natural resources, normal prices and intertemporal equilibrium
Parrinello, Sergio - Volkswirtschaftliche Fakultät, … - 2003
This paper proposes an extension of the classical theory of normal prices to an n-commodity economy with exhaustible …. Parrinello, “The Notion of Effectual Supply and the Theory of Normal Prices with Exhaustible Natural Resources”, Economic Systems …
Persistent link: https://www.econbiz.de/10009021716