L’économie des ressources naturelles

Frederick M. Peterson and Anthony C. Fisher
Additional contact information
Frederick M. Peterson: Université du Maryland
Anthony C. Fisher: Université du Maryland

L'Actualité Economique, 1977, vol. 53, issue 4, 510-558

Abstract: A survey of the literature on the economics of natural resources. Extractive resources are classified as renewable or non-renewable, depending on whether they exhibit economically significant rates of regeneration. A unified model of optimal extraction over time is developed, drawing on a number of contributions to the literature. Special features are developed for the renewable and non-renewable cases, and extensions and applications are noted, as well as needs for further research. Policy issues are treated, chief among these being the extent to which the market can be trusted to generate the right rate of extraction. Finally the empirical evidence is reviewed on whether we are running out of extractive resources.

Date: 1977
References: Add references at CitEc
Citations:

Downloads: (external link)
http://id.erudit.org/iderudit/800746ar

Related works:
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: https://EconPapers.repec.org/RePEc:ris:actuec:v:53:y:1977:i:4:p:510-558

Access Statistics for this article

L'Actualité Economique is currently edited by Benoit Dostie

More articles in L'Actualité Economique from Société Canadienne de Science Economique Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Dostie ( this e-mail address is bad, please contact ).