Discount Rate Selection and Efficiency in Allocating a Nonrenewable Resource
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Farzin, Y Hossein, 1984. "The Effect of the Discount Rate on Depletion of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 841-851, October.
- John Rowse, 1990. "Discount Rate Choice and Efficiency in Exhaustible Resource Allocation," Canadian Journal of Economics, Canadian Economics Association, vol. 23(4), pages 772-790, November.
- Terrence E. Daniel & Henry M. Goldberg, 1981. "Dynamic Equilibrium Energy Modeling: The Canadian BALANCE Model," Operations Research, INFORMS, vol. 29(5), pages 829-852, October.
- William D. Nordhaus, 1973. "The Allocation of Energy Resources," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(3), pages 529-576.
- Geoffrey Heal, 1976. "The Relationship Between Price and Extraction Cost for a Resource with a Backstop Technology," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 371-378, Autumn.
- Rowse, John, 1987.
"Depletable resource recovery profiles and efficient resource allocation,"
Resources and Energy, Elsevier, vol. 9(4), pages 309-326, December.
- Rowse, J., 1988. "Depletable Resource Recovery Profiles And Efficient Resource Allocation," Papers 108, Calgary - Department of Economics.
- Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
- Alan S. Manne, 1976. "ETA: A Model for Energy Technology Assessment," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 379-406, Autumn.
- David Levhari & Nissan Liviatan, 1977. "Notes on Hotelling's Economics of Exhaustible Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 10(2), pages 177-192, May.
- John Rowse, 1986. "Allocation of Canadian Natural Gas to Domestic and Export Markets," Canadian Journal of Economics, Canadian Economics Association, vol. 19(3), pages 417-442, August.
- Rowse, John, 1986. "Measuring the user costs of exhaustible resource consumptions," Resources and Energy, Elsevier, vol. 8(4), pages 365-392, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Chipman, John Somerset & Schneider, Friedrich & Genser, Bernd, 1991. "The payoff of investment in CGE modelling," Discussion Papers, Series II 156, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Johannes Pfeiffer, 2017. "Fossil Resources and Climate Change – The Green Paradox and Resource Market Power Revisited in General Equilibrium," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 77.
- Ulibarri, Carlos A., 1996. "Non-conventional fuel tax credits and the extraction R&D model," Resources Policy, Elsevier, vol. 22(3), pages 207-215, September.
- Sweeney, James L., 1993. "Economic theory of depletable resources: An introduction," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 3, chapter 17, pages 759-854, Elsevier.
- Devarajan, Shantayanan & Fisher, Anthony C, 1981. "Hotelling's "Economics of Exhaustible Resources": Fifty Years Later," Journal of Economic Literature, American Economic Association, vol. 19(1), pages 65-73, March.
- Toman, Michael & Krautkraemer, Jeffrey, 2003.
"Fundamental Economics of Depletable Energy Supply,"
RFF Working Paper Series
dp-03-01, Resources for the Future.
- Krautkraemer, Jeffrey A. & Toman, Michael, 2003. "Fundamental Economics of Depletable Energy Supply," Discussion Papers 10842, Resources for the Future.
- Hart, Rob, 2016. "Non-renewable resources in the long run," Journal of Economic Dynamics and Control, Elsevier, vol. 71(C), pages 1-20.
- Roberto Ferreira da Cunha & Antoine Missemer, 2020.
"The Hotelling rule in non‐renewable resource economics: A reassessment,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 800-820, May.
- Roberto P. Ferreira da Cunha & Antoine Missemer, 2020. "The Hotelling Rule in Non-Renewable Resource Economics: A Reassessment," Post-Print hal-03216483, HAL.
- Watson, William D. & Lin, King & Browne, Thomas, 1999. "US policy instruments to protect coal-bearing fragile lands," Resources Policy, Elsevier, vol. 25(2), pages 125-140, June.
- Chakravorty, Ujjayant & Krulce, Darrell & Roumasset, James, 2005.
"Specialization and non-renewable resources: Ricardo meets Ricardo,"
Journal of Economic Dynamics and Control, Elsevier, vol. 29(9), pages 1517-1545, September.
- Ujjayant Chakravorty & Darrell Krulce & James Roumasset, 2004. "Specialization and Nonrenewable Resources: Ricardo Meets Ricardo," Working Papers 200401, University of Hawaii at Manoa, Department of Economics.
- Holland, Stephen P., 2003. "Set-up costs and the existence of competitive equilibrium when extraction capacity is limited," Journal of Environmental Economics and Management, Elsevier, vol. 46(3), pages 539-556, November.
- Hodjat Ghadimi, 2006. "A Dynamic CGE Analysis of Exhaustible Resources: The Case of an Oil Exporting Developing Country," Working Papers Working Paper 2006-07, Regional Research Institute, West Virginia University.
- Cynthia Lin, C.-Y. & Wagner, Gernot, 2007. "Steady-state growth in a Hotelling model of resource extraction," Journal of Environmental Economics and Management, Elsevier, vol. 54(1), pages 68-83, July.
- Wie, Jiegen & Wennlock, Magnus & Johansson, Daniel J.A. & Sterner, Thomas, 2011. "The Fossil Endgame: Strategic Oil Price Discrimination and Carbon Taxation," RFF Working Paper Series dp-11-26, Resources for the Future.
- Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.
- F. H. Gruen & A. L. Hillman, 1981. "A Review of Issues Pertinent to Liquid Fuel Policy," The Economic Record, The Economic Society of Australia, vol. 57(2), pages 111-127, June.
- Youmanli Ouoba, 2023. "Testing the necessary conditions for sustainability in the mining sector in Burkina Faso," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(1), pages 1-12, January.
- Eduardo Ley & Molly K. Macauley & Stephen W. Salant, "undated".
"Spatially and intertemporally efficient waste management: The costs of interstate flow control,"
Working Papers
97-07, FEDEA.
- Eduardo Ley & Molly K. Macauley & Stephen W. Salant, 1996. "Spatially and Intertemporally Efficient Waste Management: The Costs of Interstate Flow Control," Public Economics 9606001, University Library of Munich, Germany, revised 06 Oct 2001.
- Galos Krzysztof & Nieć Marek & Saługa Piotr W. & Uberman Robert, 2015. "The basic problems of mineral resources valuation methodologies within the framework of System of Integrated Environmental and Economic Accounts," Gospodarka Surowcami Mineralnymi / Mineral Resources Management, Sciendo, vol. 31(4), pages 5-20, December.
- Stephen W. Salant, 1977. "Staving off the backstop: dynamic limit-pricing with a kinked demand curve," International Finance Discussion Papers 110, Board of Governors of the Federal Reserve System (U.S.).
- Lafforgue, Gilles & Magné, Bertrand & Moreaux, Michel, 2008.
"Energy substitutions, climate change and carbon sinks,"
Ecological Economics, Elsevier, vol. 67(4), pages 589-597, November.
- LAFFORGUE Gilles & MAGNE Bertrand & MOREAUX Michel, 2007. "Energy Substitutions, Climate change and Carbon sinks," LERNA Working Papers 07.01.222, LERNA, University of Toulouse.
- Gilles Lafforgue & Bertrand Magne & Michel Moreaux, 2008. "Energy substitutions, climate change and carbon sinks," Post-Print hal-02667760, HAL.
- Lafforgue, Gilles & Magné, Bertrand & Moreaux, Michel, 2007. "Energy Substitutions, Climate Change and Carbon Sinks," IDEI Working Papers 427, Institut d'Économie Industrielle (IDEI), Toulouse.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ses:arsjes:1991-ii-7. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kurt Schmidheiny (email available below). General contact details of provider: https://edirc.repec.org/data/sgvssea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.