Economics at your fingertips  

Fixed Costs, Efficient Resource Management, and Conservation

Jinhua Zhao () and David Zilberman ()

American Journal of Agricultural Economics, 2001, vol. 83, issue 4, 942-957

Abstract: This article develops a framework to analyze the impacts on resource development of efficient management practices that account for possible resource conserving technological changes. Compared with the traditional management practice ignoring these changes, efficient management may not delay or reduce resource development, depending on the level of the changes. Under efficient management, a higher probability of resource conserving technologies may not delay or reduce resource development. These ambiguities are due to the existence of fixed and increasing marginal costs in resource development. Copyright 2001, Oxford University Press.

Date: 2001
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Fixed Costs, Efficient Resource Management and Conservation (2001)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

Page updated 2019-12-04
Handle: RePEc:oup:ajagec:v:83:y:2001:i:4:p:942-957