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An Economic Simulation Model for Analyzing Natural Resource Policy

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  • Holloway, Milton L.

Abstract

The current energy crisis, water supply and distribution problems, land use conflicts, and environmental issues are bringing with them a series of federal and state policy actions (legislation, new institutions, and court decisions) in response to the complex problem of resource allocation. In their simplest form, the policy questions deal with the public sector influence on the allocation of available scarce resources among alternative uses, and the allocation of scarce public investment funds among alternative programs to augment available supplies of these resources.

Suggested Citation

  • Holloway, Milton L., 1974. "An Economic Simulation Model for Analyzing Natural Resource Policy," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 6(1), pages 171-178, July.
    • Handle: RePEc:cup:jagaec:v:6:y:1974:i:01:p:171-178_01
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    Cited by:

    1. Maki, Wilbur R. & Barrett, R.A. & Brady, R.J., 1975. "Use Of Simulation In Planning," Staff Papers 13946, University of Minnesota, Department of Applied Economics.
    2. Doeksen, Gerald A. & Sarigedik, Unal, 1976. "A Simulation Model For Predicting And Analyzing Manpower Requirements," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 8(1), pages 1-7, July.

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