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Maximin-optimal sustainable growth with nonrenewable resource and externalities

Bazhanov, Andrei V. - 2008

I offer an approach linking a welfare criterion to the “sustainable development opportunities” of the economy. This implies a dependence of a criterion on the information about the current state. I consider the problem for the Dasgupta-Heal-Solow-Stiglitz model with externalities. The...

Persistent link: https://www.econbiz.de/10011523577

A constant-utility criterion linked to an imperfect economy affected by irreversible global warming

Bazhanov, Andrei V. - 2009

The question of formulation of a social planner criterion for an imperfect economy is examined using an example of a polluting economy negatively affected by growing temperature. Imperfection of the economy is expressed here in deviations from the optimal initial state. It is shown that a...

Persistent link: https://www.econbiz.de/10011523654

Unilateral climate policy, asymmetric backstop adoption, and carbon leakage in a two-region hotelling model

Van der Werf, Edwin - 2010

We study backstop adoption and carbon dioxide emission paths in a two-region model with unilateral climate policy and non-renewable resource consumption. The regions have an equal endowment of the internationally tradable resource and a backstop technology. We first study the case of a...

Persistent link: https://www.econbiz.de/10010442765

Optimal Growth with Resource Exhaustibility and Pollution Externality

Jin, Wei - 2017

unified framework that explicitly considers augmentable man-made capital, exhaustible resource reserves, and accumulative … for any given man-made capital and resource reserves, resource extraction flows generated in optimal growth with both … of pollution externality resulting from resource extraction reduces the growth rate of consumption if man-made capital …

Persistent link: https://www.econbiz.de/10012959742

Sectoral Development in Southeast Asia : Agriculture, Non-Renewable Natural Resources, Manufacture, and Services

Samphantharak, Krislert - 2019

This paper discusses the development of four production sectors of the economies in Southeast Asia since the end of the Second World War: agriculture, non-renewable natural resources, manufacturing, and services. First, although Southeast Asia has experienced sectoral transformation toward...

Persistent link: https://www.econbiz.de/10012893505

Understanding the boom : country study : Tanzania

Henstridge, Mark - 2018

There are large volumes of gas offshore Tanzania, which has raised hopes of a boom. But those hopes look set to be disappointed. A boom would depend on there being a sizeable flow of revenue to government from producing and exporting gas. This paper sets out the scale of the gas, and the array...

Persistent link: https://www.econbiz.de/10011955475

Understanding the boom : a framing paper

Henstridge, Mark - 2018

A significant natural resource discovery creates excited popular expectations of imminent wealth. But the size of a boom is usually overestimated and the delay in receiving revenues is underestimated. This paper takes stock of the sequencing, timing, and scale of the development of a natural...

Persistent link: https://www.econbiz.de/10011955486

An Ongoing Reversal Of Fortune Among Russian Cities: City Age, Natural Resources, And Changing Spatial Income Distribution

Skorobogatov, Alexander S. - National Research University Higher School of Economics - 2014

This paper documents the negative link between the age of Russian cities and their average wage. This link is robust to various definitions of city age and sample censuring, the inclusion of regional and time fixed effects, dependent variable spatial lag and many urban characteristics. This link...

Persistent link: https://www.econbiz.de/10010784087

Conflict and Production: An Application to Natural Resources

Wick, Katharina - Verein für Socialpolitik, Ausschuss für … - 2007

We present a Stackelberg model of conflict, in which contestants have limited endowments to be put in two separate sectors, thus incorporating salient features of many conflicts. The model is applied to the case of conflict over natural resources. Consistent with amounting empirical evidence...

Persistent link: https://www.econbiz.de/10005098456

Growth Constrained by Exhaustible Resources: A Creative Destruction Approach

Nili, Farhad - Department of Economics and Related Studies, University …

This paper is about how the constraints imposed by natural resource scarcity affects economic growth and its sustainability. We extend the creative destruction model of Aghion and Howitt(1998, ch.5) to study its transitional dynamics. This extension allows us to describe the dynamics of the...

Persistent link: https://www.econbiz.de/10005523941