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The Long-run Movement of the Prices of Exhaustible Resources

Geoffrey Heal

Chapter 3 in Economic Growth and Resources, 1979, pp 89-121 from Palgrave Macmillan

Abstract: Abstract Obviously the long-run behaviour of resource prices is a matter of great importance to many countries. The chances that some of the world’s poorest people have of improving their lot, must depend very much on the movement of these prices, as must the payments positions of many of the more affluent states, and the stocks of resources that our successors inherit from us.

Keywords: Future Price; Price Movement; Resource Stock; Extraction Cost; Exhaustible Resource (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16173-7_3

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DOI: 10.1007/978-1-349-16173-7_3

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