Although primary industries are important to developing countries, they have been largely unable to contribute to rapid growth. Systematically strengthening the development of local technology-intensive suppliers (t-suppliers), however, may contribute to both reinforcing the industrial base and...

The absence or the presence of the resource curse is often explained by the specifics of political and institutional factors. The aim of this paper is to study this effect looking separately at economic and political institutions and at their interaction. Unlike most empirical papers in the...

Regional economic activities require materials that can be extracteddomestically or imported from other regions. Analysis of optimalpatterns ofcombined economic development and materials use should be discussedinrelation to trade and the environment. A model is presented thatoptimiseslong-term...

Zum Bild einer modernen Wirtschaft gehört häufig die Vorstellung, dass durch die Expansion des Dienstleistungssektors die Bedeutung der Industrie und damit auch der Verbrauch mineralischer Rohstoffe zurückgehen würden. Tatsächlich nimmt deren Verbrauch selbst in hochentwickelten...

Rohstoffe sind noch immer Hauptexportprodukte vieler Länder mit geringem Einkommen und somit Hauptquelle für ihre Exporterlöse. Preisschwankungen an internationalen Rohstoffmärkten stellen daher für diese Länder ein erhebliches Problem dar. Sie beeinflussen die Staatseinnahmen, die...

We consider a competitive extraction industry comprising many small firms, each with a slightly different quality of mineral holdings. With "rapidly" declining quality of holding per firm we observe rent declining over and interval. We do not work with the planning solution, commonly invoked in...

Over the twentieth century, Canada's energy, forestry, and mining industries played a substantial and increasing role in the growth and development of the aggregate economy. Despite the improving fundamentals that were underlying their increased contributions to the size, capital intensity, and...

This paper focuses on the interactions between local communities having at least some degree of informal claims over natural resources and external agents, particularly firms interested in commercial resource exploitation. The paper makes three contributions to the existing literature. First,...

This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...