Showing 41 - 50 of 708,405
Persistent link: https://www.econbiz.de/10001069588
Persistent link: https://www.econbiz.de/10001096165
This paper studies a resource extraction problem with capacity constraints, expansion options and stochastic demand process. The producer has to decide on the optimal rate of extraction and the optimal time to build further capacity simultaneously. Using numerical methods to solve the problem,...
Persistent link: https://www.econbiz.de/10013069738
We study the incentives of selfish governments to tax tradable primary inputs under asymmetric trade. Using an empirically-consistent model of endogenous growth, we obtain explicit links between persistent gaps in productivity growth and the observed tendency of resource-exporting (importing)...
Persistent link: https://www.econbiz.de/10013073455
Whether it is fair to characterize natural resource wealth as a curse is still debated. Most of the evidence derives from cross-country analyses, providing cases both for and against a potential resource curse. Scholars are increasingly turning to within-country evidence to deepen our...
Persistent link: https://www.econbiz.de/10013013981
This paper studies the implications for reserve lifetime and related quantities in a continuous time model of resource extraction under uncertainty. Both the resource price and the extracted amount are assumed to follow stochastic processes. Reserve lifetime is determined by the...
Persistent link: https://www.econbiz.de/10013061983
Persistent link: https://www.econbiz.de/10010191381
We study the incentives of selfish governments to tax tradable primary inputs un- der asymmetric trade. Using an empirically-consistent model of endogenous growth, we obtain explicit links between persistent gaps in productivity growth and the observed tendency of resource-exporting (importing)...
Persistent link: https://www.econbiz.de/10010221090
in the Theory of Exhaustible Resources', Bell Journal of Economics, 7 (2), Autumn, 359-70 -- 8. David Levhari and Nissan …-92 -- 9. Y. H. Farzin (1992), 'The Time Path of Scarcity Rent in the Theory of Exhaustible Resources', Economic Journal, 102 … Extraction, Substitute Production, and Monopoly', Journal of Economic Theory, 19 (1), October, 28-37 -- 24. Joseph E. Stiglitz …
Persistent link: https://www.econbiz.de/10012251698
Persistent link: https://www.econbiz.de/10012113869