Intertemporal Resource Economics An Introduction to the Overlapping Generations Approach / by Karl Farmer, Birgit Bednar-Friedl.

This monograph provides a concise introduction to the overlapping generations approach to the intertemporal economics of renewable natural resources. In contrast to the dominant infinitely-lived agent (ILA) approach it acknowledges that natural resources typically outlive the individuals who use the...

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Bibliographic Details
Main Authors: Farmer, Karl (Author), Bednar-Friedl, Birgit (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2010.
Edition:1st ed. 2010.
Series:Springer eBook Collection.
Subjects:
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Table of Contents:
  • Basics
  • Economic Growth and Natural Resources
  • Efficiency and Market Equilibrium under Resource Abundance
  • Intergenerational Efficiency in Log-linear Cobb-Douglas OLG Models
  • Intertemporal Market Equilibrium and Short-Run Intergenerational Efficiency
  • Steady-State Market Equilibrium, Long-Run Intergenerational Efficiency, and Optimality
  • Efficiency and Market Equilibrium with Scarce Renewable Resources
  • Renewable Resources and Intergenerational Efficiency
  • Intertemporal Market Equilibrium and Intergenerational Efficiency with Renewable Resources
  • Intergenerational Equity and Market Equilibrium with Scarce Renewable Resources
  • Sustainable Economic Growth with Linear Resource Regeneration
  • Steady-State Sustainability under Logistically Regenerating Resources
  • Shocks to Harvest Technology and Natural Regeneration
  • Resource Use with Physical Harvest Costs
  • Effects of Harvest Cost and Biological Shocks.