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Crossing Hubbert's peak: Portfolio effects in a growth model with exhaustible resources

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  • Michl, Thomas R.
  • Foley, Duncan K.

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  • Michl, Thomas R. & Foley, Duncan K., 2007. "Crossing Hubbert's peak: Portfolio effects in a growth model with exhaustible resources," Structural Change and Economic Dynamics, Elsevier, vol. 18(2), pages 212-230, June.
    • Handle: RePEc:eee:streco:v:18:y:2007:i:2:p:212-230
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    References listed on IDEAS

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    1. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
    2. Foley, Duncan K., 2003. "Endogenous technical change with externalities in a classical growth model," Journal of Economic Behavior & Organization, Elsevier, vol. 52(2), pages 167-189, October.
    3. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    4. Paul A. Samuelson & Franco Modigliani, 1966. "The Pasinetti Paradox in Neoclassical and More General Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(4), pages 269-301.
    5. Thomas R. Michl & Duncan K. Foley, 2004. "Social security in a Classical growth model," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 28(1), pages 1-20, January.
    6. Michael Bruno & Jeffrey D. Sachs, 1985. "Economics of Worldwide Stagflation," NBER Books, National Bureau of Economic Research, Inc, number brun85-1.
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    Cited by:

    1. Thomas R Michl & Daniele Tavani, 2022. "Path dependence and stagnation in a classical growth model," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 46(1), pages 195-218.
    2. Mercure, Jean-François & Salas, Pablo, 2013. "On the global economic potentials and marginal costs of non-renewable resources and the price of energy commodities," Energy Policy, Elsevier, vol. 63(C), pages 469-483.
    3. Heinrich, Torsten, 2014. "Resource Depletion, Growth, Collapse, and the Measurement of Capital," MPRA Paper 54044, University Library of Munich, Germany.
    4. Li, Na & Zhang, Xiaoling & Shi, Minjun & Zhou, Shenglv, 2017. "The prospects of China’s long-term economic development and CO2 emissions under fossil fuel supply constraints," Resources, Conservation & Recycling, Elsevier, vol. 121(C), pages 11-22.

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