Dynamic analysis of a renewable resource in a small open economy: The role of environmental policies for the environment

Koichi Futagami and Yasuhiro Nakamoto (nakamoto@kansai-u.ac.jp)

No 10-21, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: We examine the effects of environmental policies such as a subsidy for reforestation and an export-income tax in a small open economy with a renewable resource. In the small economy, the harvested renewable resources are exported to acquire foreign assets and consumers can invest in the natural resource to preserve it. In the setup, using a phase diagram, we show how the environmental policies affect the natural resource and the domestic economy.

Keywords: Renewable resources; The effects of environmental policies. (search for similar items in EconPapers)
JEL-codes: F41 H21 Q28 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2010-07
New Economics Papers: this item is included in nep-ene, nep-env and nep-opm
References: View references in EconPapers View complete reference list from CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Dynamic Analysis of a Renewable Resource in a Small Open Economy: The Role of Environmental Policies for the Environment (2016)
Working Paper: Dynamic analysis of a renewable resource in a small open economy: The role of environmental policies for the environment (2014)
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:osk:wpaper:1021

Access Statistics for this paper

More papers in Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by The Economic Society of Osaka University (shiryo@econ.osaka-u.ac.jp).