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The Economics of Natural Resources
Challenge, 1979Post-Keynesian theorists view the economic problems surrounding raw materials (that is, natural resources) in a very different light from orthodox neoclassical economic theory. This point can perhaps best be illustrated in the context of the current so-called ‘energy crisis’.
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The Economics of Natural Resources
Population and Development Review, 1988ECONOMISTS HAVE STUDIED NATURAL RESOURCES from the earliest days of the profession and for good reason. Resources are seen as the basis for national prosperity, power, and wealth. For example, the ability to harness energy resources in new ways is recognized as perhaps the major factor underlying the industrial revolution.
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Natural Resources and Economic Growth
Journal of Farm Economics, 1960ATURAL resources and land were treated by the Physiocrats and the early economists of the Classical School as a prime input in the economic production process. Much less emphasis is given to these factors by most present day economists. Many give little or no consideration to the land factor in their writings and teachings, and some have tended to ...
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Radical economics and natural resources
International Journal of Environmental Studies, 1983Market prices will not ensure the optimal allocation of natural resources through time. Not only is there likely to be “market failure,” but also one must consider the nature of technical progress and the requirements of the wider social and political system. These discourage collective action and encourage unrestrained exploitation of resources.
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Economic Growth and Natural Resources
2010From the previous chapter we know that natural resources can be distinguished in terms of whether they are renewable or not, whether they are used as consumption good or as input to production, whether private property rights are defined or not, and whether they can be reused or not.
Karl Farmer, Birgit Bednar-Friedl
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Economics and Natural Resource Constraints
2017In this chapter Agboraw and Jones explore theories of natural resource scarcity and economic growth. By examining how natural resources fit within current theory the issues of how scarcity of resources, or resource prices, link to a better understanding of economic risk is outlined.
Efundem Agboraw, Aled Jones
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The Economic Evaluation of Natural Resources
Problems in Economics, 1981At the June (1980) Plenum of the Central Committee of the Communist Party of the Soviet Union, L. I. Brezhnev stated: "A maximum effort- and this point must be stressed- must be made to fulfill and overfulfil the plan in the concluding year of the Tenth Five-Year Plan, to commission priority construction projects on schedule, and to ensure the stable ...
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The Economics of the Environment and Natural Resources
2004List of Figures. List of Tables. List of Boxes. Preface. Acknowledgements. Introduction. Part I: Economics of the Environment:. 1. Models, Systems, and Dynamics. 2. Property Rights. 3. Economics of Pollution Control. Part II: Resource Economics:. 4. Bioeconomics of Fisheries. 5. Forestry Economics. 6. Water Economics. 7.
R. Quentin Grafton+5 more
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The economic impact of natural resources
Journal of Environmental Economics and Management, 2013Abstract This paper explores the economic impact of natural resource endowment using quantitative comparative – case – study. Focusing on the Norwegian economy, due to availability of good quality data, the paper thoroughly examines the impact of petroleum endowment.
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