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New Approaches To The Management Of Natural Resources (1): The Exploitation

Author

Listed:
  • MARIUS BULEARCA

    (CENTRE FOR INDUSTRY AND SERVICES’ ECONOMICS, ROMANIAN ACADEMY, BUCHAREST, ROMANIA)

  • CATALIN POPESCU

    (PETROLEUM-GAS UNIVERSITY FROM PLOIESTI, PLOIESTI, ROMANIA)

Abstract

Natural resources are not homogeneous in nature, having certain features in the productive process that require grouping them into different categories by different criteria. Consequently, natural resources cannot be addressed all at once, but only distinctly, according to relevant criteria selected based on the proposed goals. This criteria selection process requires special features and econometric models representing the core of the present paper. Furthermore, the paper also intends to cover the social importance of understanding resources misuse, and alongside with the types and sources of inefficiency in resource management.

Suggested Citation

  • Marius Bulearca & Catalin Popescu, 2019. "New Approaches To The Management Of Natural Resources (1): The Exploitation," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 34-40, December.
    • Handle: RePEc:cbu:jrnlec:y:2019:v:6:p:34-40
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    References listed on IDEAS

    as
    1. Slade, Margaret E., 1982. "Trends in natural-resource commodity prices: An analysis of the time domain," Journal of Environmental Economics and Management, Elsevier, vol. 9(2), pages 122-137, June.
    2. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    3. Krautkraemer, Jeffrey A., 2005. "Economics of Natural Resource Scarcity: The State of the Debate," Discussion Papers 10562, Resources for the Future.
    4. Krautkraemer, Jeffrey, 2005. "Economics of Natural Resource Scarcity: The State of the Debate," RFF Working Paper Series dp-05-14, Resources for the Future.
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