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| Author: | Stern, D. I. |
| Title: | Is energy cost an accurate indicator of natural resource quality? |
| Journal: | Ecological Economics
1999 : DEC, VOL. 31:3, p. 381-394 |
| Index terms: | Natural resources Quality Energy Costs |
| Freeterms: | Scarcity Indicators |
| Language: | eng |
| Abstract: | The use of energy cost as an indicator of natural resource quality is examined. Energy cost is the direct and indirect energy used to produce a unit of a resource commodity. Different approaches to the role of energy in the economy are discussed and it is demonstrated theoretically that energy cost can give false indications of changes in resource quality. |
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