Solving a Puzzle: More Nonrenewable Resources Without Higher Prices

Sean Howard, Gregor Schwerhoff and Martin Stuermer

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: Economic intuition suggests nonrenewable resources such as metals or fossil fuels become scarcer and more expensive over time. However, a new dataset covering the years 1700 to 2018 indicates otherwise.

Keywords: Energy (search for similar items in EconPapers)
Date: 2019-08-27
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:89317

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