Economics of Nonrenewable Resources
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portes grátis
Economics of Nonrenewable Resources
Halvorsen, Robert
Edward Elgar Publishing Ltd
04/2018
864
Dura
Inglês
9781781952238
15 a 20 dias
Descrição não disponível.
Contents:
Research Review Robert Halvorsen
Introduction Robert Halvorsen
PART I SOLOW'S RICHARD T. ELY LECTURE
1. Robert M. Solow (1974), 'The Economics of Resources or the Resources of Economics', American Economic Review, 64 (2), May, 1-14
PART II THEORETICAL FOUNDATIONS
2. Harold Hotelling (1931), 'The Economics of Exhaustible Resources', Journal of Political Economy, 39 (2), April, 137-75
3. Partha Dasgupta and Geoffrey Heal (1974), 'The Optimal Depletion of Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3-28
4. Joseph E. Stiglitz (1974), 'Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 123-37
5. R. M. Solow (1974), 'Intergenerational Equity and Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 29-45
PART III NONHOMOGENOUS RESOURCES
6. Geoffrey Heal (1976), 'The Relationship between Price and Extraction Cost for a Resource with a Backstop Technology', Bell Journal of Economics, 7 (2), Autumn, 371-8
7. Robert M. Solow and Frederic Y. Wan (1976), 'Extraction Costs in the Theory of Exhaustible Resources', Bell Journal of Economics, 7 (2), Autumn, 359-70
8. David Levhari and Nissan Liviatan (1977), 'Notes on Hotelling's Economics of Exhaustible Resources', Canadian Journal of Economics, 10 (2), May, 177-92
9. Y. H. Farzin (1992), 'The Time Path of Scarcity Rent in the Theory of Exhaustible Resources', Economic Journal, 102 (413), July, 813-30
PART IV EXPLORATION AND UNCERTAINTY
10. Robert S. Pindyck (1978), 'The Optimal Exploration and Production of Nonrenewable Resources', Journal of Political Economy, 86 (5), October, 841-61
11. John R. Livernois and Russell S. Uhler (1987), 'Extraction Costs and the Economics of Nonrenewable Resources', Journal of Political Economy, 95 (1), February, 195-203
12. Kenneth J. Arrow and Sheldon Chang (1982), 'Optimal Pricing, Use, and Exploration of Uncertain Natural Resource Stocks', Journal of Environmental Economics and Management, 9 (1), March, 1-10
13. Partha Dasgupta and Joseph Stiglitz (1981), 'Resource Depletion under Technological Uncertainty', Econometrica, 49 (1), January, 85-104
14. Robert S. Pindyck (1980), 'Uncertainty and Exhaustible Resource Markets', Journal of Political Economy, 88 (6), December, 1203-25
15. Joseph E. Swierzbinski and Robert Mendelsohn (1989), 'Information and Exhaustible Resources: A Bayesian Analysis', Journal of Environmental Economics and Management, 16 (3), May, 193-208
PART V ADDITIONAL DEVELOPMENT OF THEORY
16. John M. Hartwick (1977), 'Intergenerational Equity and the Investing of Rents from Exhaustible Resources', American Economic Review, 67 (5), December, 972-4
17. James L. Sweeney (1977), 'Economics of Depletable Resources: Market Forces and Intertemporal Bias', Review of Economic Studies, 44 (1), February, 125-41
18. David Levhari and Robert S. Pindyck (1981), 'The Pricing of Durable Exhaustible Resources', Quarterly Journal of Economics, XCVI (3), August, 365-77
19. Y. Hossein Farzin (1984), 'The Effect of the Discount Rate on Depletion of Exhaustible Resources', Journal of Political Economy, 92 (5), October, 841-51
20. Gerard Gaudet, Michel Moreau and Stephan Salant (2001), 'Intertemporal Depletion of Resource Sites by Spatially Distributed Users', American Economic Review, 91 (4), September, 1149-59
PART VI MARKET STRUCTURE
21. Joseph E. Stiglitz (1976), 'Monopoly and the Rate of Extraction of Exhaustible Resources', American Economic Review, 66 (4), September, 655-61
22. Stephen W. Salant (1976), 'Exhaustible Resources and Industrial Structure: A Nash-Cournot Approach to the World Oil Market', Journal of Political Economy, 84 (5), October, 1079-94
23. Michael Hoel (1978), 'Resource Extraction, Substitute Production, and Monopoly', Journal of Economic Theory, 19 (1), October, 28-37
24. Joseph E. Stiglitz and Partha Dasgupta (1982), 'Market Structure and Resource Depletion: A Contribution to the Theory of Intertemporal Monopolistic Competition', Journal of Economic Theory, 28 (1), October, 128-64
25. Partha Dasgupta, Richard J. Gilbert and Joseph E. Stiglitz (1982), 'Invention and Innovation Under Alternative Market Structures: The Case of Natural Resources', Review of Economic Studies, XLIY (4), October, 567-82
26. Hassan Benchekroun, Gerard Gaudet and Ngo Van Long (2006), 'Temporary Natural Resource Cartels', Journal of Environmental Economics and Management, 52 (3), November, 663-74
27. Gregory M. Ellis and Robert Halvorsen (2002), 'Estimation of Market Power in a Nonrenewable Resource Industry', Journal of Political Economy, 110 (4), August, 883-99
PART VII TAXATION
28. Ross Garnaut and Anthony Clunies Ross (1975), 'Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects', Economic Journal, 85 (338), June, 272-87
29. Terry Heaps (1985), 'The Taxation of Nonreplenishable Natural Resources Revisited', Journal of Environmental Economics and Management, 12 (1), March, 14-27
30. Margaret E. Slade (1986), 'Taxation of Non-Renewable Resources at Various Stages of Production, Canadian Journal of Economics, 19 (2), May, 281-97
31. Larry Karp and John Livernois (1992), 'On Efficiency-Inducing Taxation for a Non-Renewable Resource Monopolist' Journal of Public Economics, 49 (2), November, 219-39
PART VIII GLOBAL CLIMATE CHANGE
32. Alistair Ulph and David Ulph (1994), 'The Optimal Time Path of a Carbon Tax', Oxford Economic Papers, Special Issue on Environmental Economics, 46 Supplement 1, 857-68
33. Michael Hoel and Snorre Kverndokk (1996), 'Depletion of Fossil Fuels and the Impacts of Global Warming', Resource and Energy Economics, 18 (2), June, 115-36
34. Hans-Werner Sinn (2008), 'Public Policies against Global Warming: A Supply Side Approach', International Tax and Public Finance, 15 (4), August, 360-94
35. Reyer Gerlagh (2011), 'Too Much Oil', CESifo Economic Studies, 57 (1), 79-102
36. Frederick van der Ploeg and Cees Withagen (2012), 'Is There Really a Green Paradox?', Journal of Environmental Economics and Management, 64 (3), November, 342-63
PART IX RESOURCE CURSE
37. Jeffrey D. Sachs and Andrew M. Warner (2001), 'Natural Resources and Economic Development: The Curse of Natural Resources', European Economic Review, 45 (4-6), May, 827-38
38. Rabah Arezki and Frederick van der Ploeg (2011), 'Do Natural Resources Depress Income Per Capita?', Review of Development Economics, 15 (3), August, 504-21
PART X EMPIRICAL EVIDENCE
39. Manuel H. Johnson, Frederick W. Bell and James T. Bennett (1980), 'Natural Resource Scarcity: Empirical Evidence and Public Policy', Journal of Environmental Economics and Management, 7 (3), September, 256-71
40. Gardner M. Brown Jr. and Barry C. Field (1978), 'Implications of Alternative Measures of Natural Resource Scarcity', Journal of Political Economy, 86 (2), Part 1, April, 229-43
41. Margaret E. Slade (1982), 'Trends in Natural-Resource Commodity Prices: An Analysis of the Time Domain', Journal of Environmental Economics and Management, 9 (2), June, 122-37
42. Junsoo Lee, John A. List and Mark C. Strazicich (2006), 'Non-Renewable Resource Prices: Deterministic or Stochastic Trends?', Journal of Environmental Economics and Management, 51 (3), May, 354-70
43. Geoffrey M. Heal and Michael Barrow (1980), 'The Relationship Between Interest Rates and Metal Price Movements', Review of Economic Studies, Econometrics Issue, 47 (1), January, 161-81
44. Robert Halvorsen and Tim R. Smith (1991), 'A Test of the Theory of Exhaustible Resources', Quarterly Journal of Economics, 106 (1), February, 123-40
45. Merton H. Miller and Charles W. Upton (1985), 'A Test of the Hotelling Valuation Principle', Journal of Political Economy, 93 (1), February, 1-25
46. Martin L. Weitzman (1999), 'Pricing the Limits to Growth from Minerals Depletion', Quarterly Journal of Economics, 114 (2), May, 691-706
Index
Research Review Robert Halvorsen
Introduction Robert Halvorsen
PART I SOLOW'S RICHARD T. ELY LECTURE
1. Robert M. Solow (1974), 'The Economics of Resources or the Resources of Economics', American Economic Review, 64 (2), May, 1-14
PART II THEORETICAL FOUNDATIONS
2. Harold Hotelling (1931), 'The Economics of Exhaustible Resources', Journal of Political Economy, 39 (2), April, 137-75
3. Partha Dasgupta and Geoffrey Heal (1974), 'The Optimal Depletion of Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3-28
4. Joseph E. Stiglitz (1974), 'Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 123-37
5. R. M. Solow (1974), 'Intergenerational Equity and Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 29-45
PART III NONHOMOGENOUS RESOURCES
6. Geoffrey Heal (1976), 'The Relationship between Price and Extraction Cost for a Resource with a Backstop Technology', Bell Journal of Economics, 7 (2), Autumn, 371-8
7. Robert M. Solow and Frederic Y. Wan (1976), 'Extraction Costs in the Theory of Exhaustible Resources', Bell Journal of Economics, 7 (2), Autumn, 359-70
8. David Levhari and Nissan Liviatan (1977), 'Notes on Hotelling's Economics of Exhaustible Resources', Canadian Journal of Economics, 10 (2), May, 177-92
9. Y. H. Farzin (1992), 'The Time Path of Scarcity Rent in the Theory of Exhaustible Resources', Economic Journal, 102 (413), July, 813-30
PART IV EXPLORATION AND UNCERTAINTY
10. Robert S. Pindyck (1978), 'The Optimal Exploration and Production of Nonrenewable Resources', Journal of Political Economy, 86 (5), October, 841-61
11. John R. Livernois and Russell S. Uhler (1987), 'Extraction Costs and the Economics of Nonrenewable Resources', Journal of Political Economy, 95 (1), February, 195-203
12. Kenneth J. Arrow and Sheldon Chang (1982), 'Optimal Pricing, Use, and Exploration of Uncertain Natural Resource Stocks', Journal of Environmental Economics and Management, 9 (1), March, 1-10
13. Partha Dasgupta and Joseph Stiglitz (1981), 'Resource Depletion under Technological Uncertainty', Econometrica, 49 (1), January, 85-104
14. Robert S. Pindyck (1980), 'Uncertainty and Exhaustible Resource Markets', Journal of Political Economy, 88 (6), December, 1203-25
15. Joseph E. Swierzbinski and Robert Mendelsohn (1989), 'Information and Exhaustible Resources: A Bayesian Analysis', Journal of Environmental Economics and Management, 16 (3), May, 193-208
PART V ADDITIONAL DEVELOPMENT OF THEORY
16. John M. Hartwick (1977), 'Intergenerational Equity and the Investing of Rents from Exhaustible Resources', American Economic Review, 67 (5), December, 972-4
17. James L. Sweeney (1977), 'Economics of Depletable Resources: Market Forces and Intertemporal Bias', Review of Economic Studies, 44 (1), February, 125-41
18. David Levhari and Robert S. Pindyck (1981), 'The Pricing of Durable Exhaustible Resources', Quarterly Journal of Economics, XCVI (3), August, 365-77
19. Y. Hossein Farzin (1984), 'The Effect of the Discount Rate on Depletion of Exhaustible Resources', Journal of Political Economy, 92 (5), October, 841-51
20. Gerard Gaudet, Michel Moreau and Stephan Salant (2001), 'Intertemporal Depletion of Resource Sites by Spatially Distributed Users', American Economic Review, 91 (4), September, 1149-59
PART VI MARKET STRUCTURE
21. Joseph E. Stiglitz (1976), 'Monopoly and the Rate of Extraction of Exhaustible Resources', American Economic Review, 66 (4), September, 655-61
22. Stephen W. Salant (1976), 'Exhaustible Resources and Industrial Structure: A Nash-Cournot Approach to the World Oil Market', Journal of Political Economy, 84 (5), October, 1079-94
23. Michael Hoel (1978), 'Resource Extraction, Substitute Production, and Monopoly', Journal of Economic Theory, 19 (1), October, 28-37
24. Joseph E. Stiglitz and Partha Dasgupta (1982), 'Market Structure and Resource Depletion: A Contribution to the Theory of Intertemporal Monopolistic Competition', Journal of Economic Theory, 28 (1), October, 128-64
25. Partha Dasgupta, Richard J. Gilbert and Joseph E. Stiglitz (1982), 'Invention and Innovation Under Alternative Market Structures: The Case of Natural Resources', Review of Economic Studies, XLIY (4), October, 567-82
26. Hassan Benchekroun, Gerard Gaudet and Ngo Van Long (2006), 'Temporary Natural Resource Cartels', Journal of Environmental Economics and Management, 52 (3), November, 663-74
27. Gregory M. Ellis and Robert Halvorsen (2002), 'Estimation of Market Power in a Nonrenewable Resource Industry', Journal of Political Economy, 110 (4), August, 883-99
PART VII TAXATION
28. Ross Garnaut and Anthony Clunies Ross (1975), 'Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects', Economic Journal, 85 (338), June, 272-87
29. Terry Heaps (1985), 'The Taxation of Nonreplenishable Natural Resources Revisited', Journal of Environmental Economics and Management, 12 (1), March, 14-27
30. Margaret E. Slade (1986), 'Taxation of Non-Renewable Resources at Various Stages of Production, Canadian Journal of Economics, 19 (2), May, 281-97
31. Larry Karp and John Livernois (1992), 'On Efficiency-Inducing Taxation for a Non-Renewable Resource Monopolist' Journal of Public Economics, 49 (2), November, 219-39
PART VIII GLOBAL CLIMATE CHANGE
32. Alistair Ulph and David Ulph (1994), 'The Optimal Time Path of a Carbon Tax', Oxford Economic Papers, Special Issue on Environmental Economics, 46 Supplement 1, 857-68
33. Michael Hoel and Snorre Kverndokk (1996), 'Depletion of Fossil Fuels and the Impacts of Global Warming', Resource and Energy Economics, 18 (2), June, 115-36
34. Hans-Werner Sinn (2008), 'Public Policies against Global Warming: A Supply Side Approach', International Tax and Public Finance, 15 (4), August, 360-94
35. Reyer Gerlagh (2011), 'Too Much Oil', CESifo Economic Studies, 57 (1), 79-102
36. Frederick van der Ploeg and Cees Withagen (2012), 'Is There Really a Green Paradox?', Journal of Environmental Economics and Management, 64 (3), November, 342-63
PART IX RESOURCE CURSE
37. Jeffrey D. Sachs and Andrew M. Warner (2001), 'Natural Resources and Economic Development: The Curse of Natural Resources', European Economic Review, 45 (4-6), May, 827-38
38. Rabah Arezki and Frederick van der Ploeg (2011), 'Do Natural Resources Depress Income Per Capita?', Review of Development Economics, 15 (3), August, 504-21
PART X EMPIRICAL EVIDENCE
39. Manuel H. Johnson, Frederick W. Bell and James T. Bennett (1980), 'Natural Resource Scarcity: Empirical Evidence and Public Policy', Journal of Environmental Economics and Management, 7 (3), September, 256-71
40. Gardner M. Brown Jr. and Barry C. Field (1978), 'Implications of Alternative Measures of Natural Resource Scarcity', Journal of Political Economy, 86 (2), Part 1, April, 229-43
41. Margaret E. Slade (1982), 'Trends in Natural-Resource Commodity Prices: An Analysis of the Time Domain', Journal of Environmental Economics and Management, 9 (2), June, 122-37
42. Junsoo Lee, John A. List and Mark C. Strazicich (2006), 'Non-Renewable Resource Prices: Deterministic or Stochastic Trends?', Journal of Environmental Economics and Management, 51 (3), May, 354-70
43. Geoffrey M. Heal and Michael Barrow (1980), 'The Relationship Between Interest Rates and Metal Price Movements', Review of Economic Studies, Econometrics Issue, 47 (1), January, 161-81
44. Robert Halvorsen and Tim R. Smith (1991), 'A Test of the Theory of Exhaustible Resources', Quarterly Journal of Economics, 106 (1), February, 123-40
45. Merton H. Miller and Charles W. Upton (1985), 'A Test of the Hotelling Valuation Principle', Journal of Political Economy, 93 (1), February, 1-25
46. Martin L. Weitzman (1999), 'Pricing the Limits to Growth from Minerals Depletion', Quarterly Journal of Economics, 114 (2), May, 691-706
Index
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Contents:
Research Review Robert Halvorsen
Introduction Robert Halvorsen
PART I SOLOW'S RICHARD T. ELY LECTURE
1. Robert M. Solow (1974), 'The Economics of Resources or the Resources of Economics', American Economic Review, 64 (2), May, 1-14
PART II THEORETICAL FOUNDATIONS
2. Harold Hotelling (1931), 'The Economics of Exhaustible Resources', Journal of Political Economy, 39 (2), April, 137-75
3. Partha Dasgupta and Geoffrey Heal (1974), 'The Optimal Depletion of Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3-28
4. Joseph E. Stiglitz (1974), 'Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 123-37
5. R. M. Solow (1974), 'Intergenerational Equity and Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 29-45
PART III NONHOMOGENOUS RESOURCES
6. Geoffrey Heal (1976), 'The Relationship between Price and Extraction Cost for a Resource with a Backstop Technology', Bell Journal of Economics, 7 (2), Autumn, 371-8
7. Robert M. Solow and Frederic Y. Wan (1976), 'Extraction Costs in the Theory of Exhaustible Resources', Bell Journal of Economics, 7 (2), Autumn, 359-70
8. David Levhari and Nissan Liviatan (1977), 'Notes on Hotelling's Economics of Exhaustible Resources', Canadian Journal of Economics, 10 (2), May, 177-92
9. Y. H. Farzin (1992), 'The Time Path of Scarcity Rent in the Theory of Exhaustible Resources', Economic Journal, 102 (413), July, 813-30
PART IV EXPLORATION AND UNCERTAINTY
10. Robert S. Pindyck (1978), 'The Optimal Exploration and Production of Nonrenewable Resources', Journal of Political Economy, 86 (5), October, 841-61
11. John R. Livernois and Russell S. Uhler (1987), 'Extraction Costs and the Economics of Nonrenewable Resources', Journal of Political Economy, 95 (1), February, 195-203
12. Kenneth J. Arrow and Sheldon Chang (1982), 'Optimal Pricing, Use, and Exploration of Uncertain Natural Resource Stocks', Journal of Environmental Economics and Management, 9 (1), March, 1-10
13. Partha Dasgupta and Joseph Stiglitz (1981), 'Resource Depletion under Technological Uncertainty', Econometrica, 49 (1), January, 85-104
14. Robert S. Pindyck (1980), 'Uncertainty and Exhaustible Resource Markets', Journal of Political Economy, 88 (6), December, 1203-25
15. Joseph E. Swierzbinski and Robert Mendelsohn (1989), 'Information and Exhaustible Resources: A Bayesian Analysis', Journal of Environmental Economics and Management, 16 (3), May, 193-208
PART V ADDITIONAL DEVELOPMENT OF THEORY
16. John M. Hartwick (1977), 'Intergenerational Equity and the Investing of Rents from Exhaustible Resources', American Economic Review, 67 (5), December, 972-4
17. James L. Sweeney (1977), 'Economics of Depletable Resources: Market Forces and Intertemporal Bias', Review of Economic Studies, 44 (1), February, 125-41
18. David Levhari and Robert S. Pindyck (1981), 'The Pricing of Durable Exhaustible Resources', Quarterly Journal of Economics, XCVI (3), August, 365-77
19. Y. Hossein Farzin (1984), 'The Effect of the Discount Rate on Depletion of Exhaustible Resources', Journal of Political Economy, 92 (5), October, 841-51
20. Gerard Gaudet, Michel Moreau and Stephan Salant (2001), 'Intertemporal Depletion of Resource Sites by Spatially Distributed Users', American Economic Review, 91 (4), September, 1149-59
PART VI MARKET STRUCTURE
21. Joseph E. Stiglitz (1976), 'Monopoly and the Rate of Extraction of Exhaustible Resources', American Economic Review, 66 (4), September, 655-61
22. Stephen W. Salant (1976), 'Exhaustible Resources and Industrial Structure: A Nash-Cournot Approach to the World Oil Market', Journal of Political Economy, 84 (5), October, 1079-94
23. Michael Hoel (1978), 'Resource Extraction, Substitute Production, and Monopoly', Journal of Economic Theory, 19 (1), October, 28-37
24. Joseph E. Stiglitz and Partha Dasgupta (1982), 'Market Structure and Resource Depletion: A Contribution to the Theory of Intertemporal Monopolistic Competition', Journal of Economic Theory, 28 (1), October, 128-64
25. Partha Dasgupta, Richard J. Gilbert and Joseph E. Stiglitz (1982), 'Invention and Innovation Under Alternative Market Structures: The Case of Natural Resources', Review of Economic Studies, XLIY (4), October, 567-82
26. Hassan Benchekroun, Gerard Gaudet and Ngo Van Long (2006), 'Temporary Natural Resource Cartels', Journal of Environmental Economics and Management, 52 (3), November, 663-74
27. Gregory M. Ellis and Robert Halvorsen (2002), 'Estimation of Market Power in a Nonrenewable Resource Industry', Journal of Political Economy, 110 (4), August, 883-99
PART VII TAXATION
28. Ross Garnaut and Anthony Clunies Ross (1975), 'Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects', Economic Journal, 85 (338), June, 272-87
29. Terry Heaps (1985), 'The Taxation of Nonreplenishable Natural Resources Revisited', Journal of Environmental Economics and Management, 12 (1), March, 14-27
30. Margaret E. Slade (1986), 'Taxation of Non-Renewable Resources at Various Stages of Production, Canadian Journal of Economics, 19 (2), May, 281-97
31. Larry Karp and John Livernois (1992), 'On Efficiency-Inducing Taxation for a Non-Renewable Resource Monopolist' Journal of Public Economics, 49 (2), November, 219-39
PART VIII GLOBAL CLIMATE CHANGE
32. Alistair Ulph and David Ulph (1994), 'The Optimal Time Path of a Carbon Tax', Oxford Economic Papers, Special Issue on Environmental Economics, 46 Supplement 1, 857-68
33. Michael Hoel and Snorre Kverndokk (1996), 'Depletion of Fossil Fuels and the Impacts of Global Warming', Resource and Energy Economics, 18 (2), June, 115-36
34. Hans-Werner Sinn (2008), 'Public Policies against Global Warming: A Supply Side Approach', International Tax and Public Finance, 15 (4), August, 360-94
35. Reyer Gerlagh (2011), 'Too Much Oil', CESifo Economic Studies, 57 (1), 79-102
36. Frederick van der Ploeg and Cees Withagen (2012), 'Is There Really a Green Paradox?', Journal of Environmental Economics and Management, 64 (3), November, 342-63
PART IX RESOURCE CURSE
37. Jeffrey D. Sachs and Andrew M. Warner (2001), 'Natural Resources and Economic Development: The Curse of Natural Resources', European Economic Review, 45 (4-6), May, 827-38
38. Rabah Arezki and Frederick van der Ploeg (2011), 'Do Natural Resources Depress Income Per Capita?', Review of Development Economics, 15 (3), August, 504-21
PART X EMPIRICAL EVIDENCE
39. Manuel H. Johnson, Frederick W. Bell and James T. Bennett (1980), 'Natural Resource Scarcity: Empirical Evidence and Public Policy', Journal of Environmental Economics and Management, 7 (3), September, 256-71
40. Gardner M. Brown Jr. and Barry C. Field (1978), 'Implications of Alternative Measures of Natural Resource Scarcity', Journal of Political Economy, 86 (2), Part 1, April, 229-43
41. Margaret E. Slade (1982), 'Trends in Natural-Resource Commodity Prices: An Analysis of the Time Domain', Journal of Environmental Economics and Management, 9 (2), June, 122-37
42. Junsoo Lee, John A. List and Mark C. Strazicich (2006), 'Non-Renewable Resource Prices: Deterministic or Stochastic Trends?', Journal of Environmental Economics and Management, 51 (3), May, 354-70
43. Geoffrey M. Heal and Michael Barrow (1980), 'The Relationship Between Interest Rates and Metal Price Movements', Review of Economic Studies, Econometrics Issue, 47 (1), January, 161-81
44. Robert Halvorsen and Tim R. Smith (1991), 'A Test of the Theory of Exhaustible Resources', Quarterly Journal of Economics, 106 (1), February, 123-40
45. Merton H. Miller and Charles W. Upton (1985), 'A Test of the Hotelling Valuation Principle', Journal of Political Economy, 93 (1), February, 1-25
46. Martin L. Weitzman (1999), 'Pricing the Limits to Growth from Minerals Depletion', Quarterly Journal of Economics, 114 (2), May, 691-706
Index
Research Review Robert Halvorsen
Introduction Robert Halvorsen
PART I SOLOW'S RICHARD T. ELY LECTURE
1. Robert M. Solow (1974), 'The Economics of Resources or the Resources of Economics', American Economic Review, 64 (2), May, 1-14
PART II THEORETICAL FOUNDATIONS
2. Harold Hotelling (1931), 'The Economics of Exhaustible Resources', Journal of Political Economy, 39 (2), April, 137-75
3. Partha Dasgupta and Geoffrey Heal (1974), 'The Optimal Depletion of Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3-28
4. Joseph E. Stiglitz (1974), 'Growth with Exhaustible Natural Resources: Efficient and Optimal Growth Paths', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 123-37
5. R. M. Solow (1974), 'Intergenerational Equity and Exhaustible Resources', Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 41 (5), December, 29-45
PART III NONHOMOGENOUS RESOURCES
6. Geoffrey Heal (1976), 'The Relationship between Price and Extraction Cost for a Resource with a Backstop Technology', Bell Journal of Economics, 7 (2), Autumn, 371-8
7. Robert M. Solow and Frederic Y. Wan (1976), 'Extraction Costs in the Theory of Exhaustible Resources', Bell Journal of Economics, 7 (2), Autumn, 359-70
8. David Levhari and Nissan Liviatan (1977), 'Notes on Hotelling's Economics of Exhaustible Resources', Canadian Journal of Economics, 10 (2), May, 177-92
9. Y. H. Farzin (1992), 'The Time Path of Scarcity Rent in the Theory of Exhaustible Resources', Economic Journal, 102 (413), July, 813-30
PART IV EXPLORATION AND UNCERTAINTY
10. Robert S. Pindyck (1978), 'The Optimal Exploration and Production of Nonrenewable Resources', Journal of Political Economy, 86 (5), October, 841-61
11. John R. Livernois and Russell S. Uhler (1987), 'Extraction Costs and the Economics of Nonrenewable Resources', Journal of Political Economy, 95 (1), February, 195-203
12. Kenneth J. Arrow and Sheldon Chang (1982), 'Optimal Pricing, Use, and Exploration of Uncertain Natural Resource Stocks', Journal of Environmental Economics and Management, 9 (1), March, 1-10
13. Partha Dasgupta and Joseph Stiglitz (1981), 'Resource Depletion under Technological Uncertainty', Econometrica, 49 (1), January, 85-104
14. Robert S. Pindyck (1980), 'Uncertainty and Exhaustible Resource Markets', Journal of Political Economy, 88 (6), December, 1203-25
15. Joseph E. Swierzbinski and Robert Mendelsohn (1989), 'Information and Exhaustible Resources: A Bayesian Analysis', Journal of Environmental Economics and Management, 16 (3), May, 193-208
PART V ADDITIONAL DEVELOPMENT OF THEORY
16. John M. Hartwick (1977), 'Intergenerational Equity and the Investing of Rents from Exhaustible Resources', American Economic Review, 67 (5), December, 972-4
17. James L. Sweeney (1977), 'Economics of Depletable Resources: Market Forces and Intertemporal Bias', Review of Economic Studies, 44 (1), February, 125-41
18. David Levhari and Robert S. Pindyck (1981), 'The Pricing of Durable Exhaustible Resources', Quarterly Journal of Economics, XCVI (3), August, 365-77
19. Y. Hossein Farzin (1984), 'The Effect of the Discount Rate on Depletion of Exhaustible Resources', Journal of Political Economy, 92 (5), October, 841-51
20. Gerard Gaudet, Michel Moreau and Stephan Salant (2001), 'Intertemporal Depletion of Resource Sites by Spatially Distributed Users', American Economic Review, 91 (4), September, 1149-59
PART VI MARKET STRUCTURE
21. Joseph E. Stiglitz (1976), 'Monopoly and the Rate of Extraction of Exhaustible Resources', American Economic Review, 66 (4), September, 655-61
22. Stephen W. Salant (1976), 'Exhaustible Resources and Industrial Structure: A Nash-Cournot Approach to the World Oil Market', Journal of Political Economy, 84 (5), October, 1079-94
23. Michael Hoel (1978), 'Resource Extraction, Substitute Production, and Monopoly', Journal of Economic Theory, 19 (1), October, 28-37
24. Joseph E. Stiglitz and Partha Dasgupta (1982), 'Market Structure and Resource Depletion: A Contribution to the Theory of Intertemporal Monopolistic Competition', Journal of Economic Theory, 28 (1), October, 128-64
25. Partha Dasgupta, Richard J. Gilbert and Joseph E. Stiglitz (1982), 'Invention and Innovation Under Alternative Market Structures: The Case of Natural Resources', Review of Economic Studies, XLIY (4), October, 567-82
26. Hassan Benchekroun, Gerard Gaudet and Ngo Van Long (2006), 'Temporary Natural Resource Cartels', Journal of Environmental Economics and Management, 52 (3), November, 663-74
27. Gregory M. Ellis and Robert Halvorsen (2002), 'Estimation of Market Power in a Nonrenewable Resource Industry', Journal of Political Economy, 110 (4), August, 883-99
PART VII TAXATION
28. Ross Garnaut and Anthony Clunies Ross (1975), 'Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects', Economic Journal, 85 (338), June, 272-87
29. Terry Heaps (1985), 'The Taxation of Nonreplenishable Natural Resources Revisited', Journal of Environmental Economics and Management, 12 (1), March, 14-27
30. Margaret E. Slade (1986), 'Taxation of Non-Renewable Resources at Various Stages of Production, Canadian Journal of Economics, 19 (2), May, 281-97
31. Larry Karp and John Livernois (1992), 'On Efficiency-Inducing Taxation for a Non-Renewable Resource Monopolist' Journal of Public Economics, 49 (2), November, 219-39
PART VIII GLOBAL CLIMATE CHANGE
32. Alistair Ulph and David Ulph (1994), 'The Optimal Time Path of a Carbon Tax', Oxford Economic Papers, Special Issue on Environmental Economics, 46 Supplement 1, 857-68
33. Michael Hoel and Snorre Kverndokk (1996), 'Depletion of Fossil Fuels and the Impacts of Global Warming', Resource and Energy Economics, 18 (2), June, 115-36
34. Hans-Werner Sinn (2008), 'Public Policies against Global Warming: A Supply Side Approach', International Tax and Public Finance, 15 (4), August, 360-94
35. Reyer Gerlagh (2011), 'Too Much Oil', CESifo Economic Studies, 57 (1), 79-102
36. Frederick van der Ploeg and Cees Withagen (2012), 'Is There Really a Green Paradox?', Journal of Environmental Economics and Management, 64 (3), November, 342-63
PART IX RESOURCE CURSE
37. Jeffrey D. Sachs and Andrew M. Warner (2001), 'Natural Resources and Economic Development: The Curse of Natural Resources', European Economic Review, 45 (4-6), May, 827-38
38. Rabah Arezki and Frederick van der Ploeg (2011), 'Do Natural Resources Depress Income Per Capita?', Review of Development Economics, 15 (3), August, 504-21
PART X EMPIRICAL EVIDENCE
39. Manuel H. Johnson, Frederick W. Bell and James T. Bennett (1980), 'Natural Resource Scarcity: Empirical Evidence and Public Policy', Journal of Environmental Economics and Management, 7 (3), September, 256-71
40. Gardner M. Brown Jr. and Barry C. Field (1978), 'Implications of Alternative Measures of Natural Resource Scarcity', Journal of Political Economy, 86 (2), Part 1, April, 229-43
41. Margaret E. Slade (1982), 'Trends in Natural-Resource Commodity Prices: An Analysis of the Time Domain', Journal of Environmental Economics and Management, 9 (2), June, 122-37
42. Junsoo Lee, John A. List and Mark C. Strazicich (2006), 'Non-Renewable Resource Prices: Deterministic or Stochastic Trends?', Journal of Environmental Economics and Management, 51 (3), May, 354-70
43. Geoffrey M. Heal and Michael Barrow (1980), 'The Relationship Between Interest Rates and Metal Price Movements', Review of Economic Studies, Econometrics Issue, 47 (1), January, 161-81
44. Robert Halvorsen and Tim R. Smith (1991), 'A Test of the Theory of Exhaustible Resources', Quarterly Journal of Economics, 106 (1), February, 123-40
45. Merton H. Miller and Charles W. Upton (1985), 'A Test of the Hotelling Valuation Principle', Journal of Political Economy, 93 (1), February, 1-25
46. Martin L. Weitzman (1999), 'Pricing the Limits to Growth from Minerals Depletion', Quarterly Journal of Economics, 114 (2), May, 691-706
Index
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