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Against the background of the scarcity of fossil resources and the reduction of the availability of agricultural land, the emergence of climate change and the growth of the world population, it has become necessary to design sustainable and efficient strategies from the point of view of resource...
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We examine trade and strategic interaction between countries that enforce technical measures for resource management which restricts capacity of exploitation to protect an internationally shared renewable resource. The technical measures are common management tools in fisheries (e.g.,...
Persistent link: https://www.econbiz.de/10011548143
This paper examines the effects of international trade and resource management in a two-country model where each country controls domestic harvest to prevent over-exploitation of an internationally shared renewable resource (e.g., fishery resources). We show that contrary to conventional wisdom,...
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We develop a two-country model with two industries: the smokestack manufacturing industry, which generates pollution, and the transboundary renewable resource industry. With no trade, migration occurs from the foreign country, with lower manufacturing productivity, to the home country. If the...
Persistent link: https://www.econbiz.de/10011685307
Renewable energy production is an alternative to traditional energy resources that are being depleted, these new resources will gradually replace the exhausting energies by combining the three main features of the present century, so that sustainable development, energy security and...
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