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The Economics of Natural Resources

Paul Davidson

Chapter 29 in Inflation, Open Economies and Resources, 1991, pp 444-453 from Palgrave Macmillan

Abstract: Abstract Post-Keynesian theorists view the economic problems surrounding raw materials (that is, natural resources) in a very different light from orthodox neoclassical economic theory. This point can perhaps best be illustrated in the context of the current so-called ‘energy crisis’.

Keywords: Future Price; User Cost; Energy Company; Forward Market; Exhaustible Resource (search for similar items in EconPapers)
Date: 1991
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Journal Article: The Economics of Natural Resources (1979) Downloads
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DOI: 10.1007/978-1-349-11516-7_29

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