haku: @indexterm natural resources / yhteensä: 354
viite: 137 / 354
| Tekijä: | Krautkraemer, J. |
| Otsikko: | Nonrenewable resource scarcity |
| Lehti: | Journal of Economic Literature
1998 : DEC, VOL. 36:4, p. 2065-2107 |
| Asiasana: | NATURAL RESOURCES ECONOMICS LITERATURE |
| Kieli: | eng |
| Tiivistelmä: | Hotelling's (1931) formal analysis of nonrenewable resource depletion generates some basic implications for how the finite availability of a nonrenewable resource affects the resource price and extraction paths. The economic intuition behind these implications is relatively straightforward. A stock of a nonrenewable asset can be viewed as an asset that generates return over time. |
SCIMA