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Low, High and Super Congestion of an Open-Access Natural Resource: The Autarky Case

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  • Schiff, Maurice

    (World Bank)

Abstract

Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) – where MC > AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion – where AC is backward-bending and MC

Suggested Citation

  • Schiff, Maurice, 2020. "Low, High and Super Congestion of an Open-Access Natural Resource: The Autarky Case," IZA Discussion Papers 13652, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp13652
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    File URL: https://docs.iza.org/dp13652.pdf
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    References listed on IDEAS

    as
    1. Brander, James A & Taylor, M Scott, 1998. "The Simple Economics of Easter Island: A Ricardo-Malthus Model of Renewable Resource Use," American Economic Review, American Economic Association, vol. 88(1), pages 119-138, March.
    2. Copes, Parzival, 1970. "The Backward-Bending Supply Curve Of The Fishing Industry," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(1), pages 69-77, February.
    3. James A. Brander & M. Scott Taylor, 1997. "International Trade and Open-Access Renewable Resources: The Small Open Economy Case," Canadian Journal of Economics, Canadian Economics Association, vol. 30(3), pages 526-552, August.
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    Cited by:

    1. Schiff, Maurice, 2021. "Low, High and Super Congestion of a Renewable Natural Resource under Autarky and Trade," IZA Discussion Papers 14279, Institute of Labor Economics (IZA).

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    More about this item

    Keywords

    open access; natural resource; low; high and super congestion; autarky and trade;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • F18 - International Economics - - Trade - - - Trade and Environment
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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