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The Evaluation of Natural Resource Adequacy: Elusive Quest or Frontier of Economic Analysis?

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  • V. Kerry Smith

Abstract

Conclusions concerning trends in natural resource scarcity may depend critically on the choice of scarcity index. Unfortunately, the prevalence of vertical integration in natural resource industries has hindered the use of some otherwise desirable ...

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  • V. Kerry Smith, 1980. "The Evaluation of Natural Resource Adequacy: Elusive Quest or Frontier of Economic Analysis?," Land Economics, University of Wisconsin Press, vol. 56(3), pages 257-298.
  • Handle: RePEc:uwp:landec:v:56:y:1980:i:3:p:257-298
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    Cited by:

    1. Robert N. Stavins, 2011. "The Problem of the Commons: Still Unsettled after 100 Years," American Economic Review, American Economic Association, vol. 101(1), pages 81-108, February.
    2. Barbiroli, Giancarlo & Focacci, Antonio, 1999. "An appropriate mechanism of fuels pricing for sustainable development," Energy Policy, Elsevier, vol. 27(11), pages 625-636, October.
    3. William D. Nordhaus, 1992. "Lethal Model 2: The Limits to Growth Revisited," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(2), pages 1-60.
    4. David Sapsford, 1990. "Primary Commodity Prices and the Terms of Trade," The Economic Record, The Economic Society of Australia, vol. 66(4), pages 342-356, December.
    5. de Wit, Maarten J., 2005. "Valuing copper mined from ore deposits," Ecological Economics, Elsevier, vol. 55(3), pages 437-443, November.
    6. Halvorsen, Robert & Smith, Tim R, 1984. "On Measuring Natural Resource Scarcity," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 954-964, October.
    7. Sam Mitra, 2019. "Depletion, technology, and productivity growth in the metallic minerals industry," Mineral Economics, Springer;Raw Materials Group (RMG);LuleƄ University of Technology, vol. 32(1), pages 19-37, April.
    8. Mullen, John D., 2001. "An Economic Persective On Land Degradation Issues," Research Reports 27999, New South Wales Department of Primary Industries Research Economists.
    9. Norton, Bryan G., 1995. "Evaluating ecosystem states: Two competing paradigms," Ecological Economics, Elsevier, vol. 14(2), pages 113-127, August.
    10. Tilton, John E., 1996. "Exhaustible resources and sustainable development : Two different paradigms," Resources Policy, Elsevier, vol. 22(1-2), pages 91-97.
    11. Jung, Chulho & Krutilla, Kerry, 1998. "Aggregation bias in natural resource price composites: the forestry case," Resource and Energy Economics, Elsevier, vol. 20(1), pages 65-73, March.

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