Exhaustible resources flows in a spatial context

Octave Keutiben

Letters in Spatial and Resource Sciences, 2018, vol. 11, issue 1, No 7, 83 pages

Abstract: Abstract Using a spatial model à la Hotelling, this paper examines the evolution over time of the pattern of resource flows between two production sites (countries or regions) which differ in terms of their production technology, their geographical size, and their endowment of some nonrenewable natural resource. Besides the traditional explanations of comparative advantage and factor endowments, the model emphasizes the crucial role of geographical size in the determination of the equilibrium resource flows patterns. The unit cost of transport is shown to play a decisive role in determining whether the international asymmetry in terms of geographical sizes of countries has a greater influence than the other two factors. Interestingly, the model explains why a relatively resource rich country, even with the lowest mining cost, may well be a net importer of the resource, contrary to what is to be expected in a spaceless context.

Keywords: Exhaustible resources flows; Geographical size; Hotelling space; Transport costs (search for similar items in EconPapers)
JEL-codes: F10 Q30 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s12076-018-0201-x Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:lsprsc:v:11:y:2018:i:1:d:10.1007_s12076-018-0201-x

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/12076

DOI: 10.1007/s12076-018-0201-x

Access Statistics for this article

Letters in Spatial and Resource Sciences is currently edited by Henk Folmer and Amitrajeet A. Batabyal

More articles in Letters in Spatial and Resource Sciences from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().