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The Resource Sector in an Open Economy

  • Conference proceedings
  • © 1984

Overview

Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 200)

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Table of contents (5 papers)

Keywords

About this book

the economics of exhaustible " assets presents a whole forest of intriguing problems." 1 Harald Hotelling ) The two energy price shocks in 1973/74 and 1979/80 have arosed interest in the new area of resource economics. The affluent societies of Europe, North America and Japan were confronted with the new scarcity paradigm of the "space ship earth" with only a limited supply of natural resources aboard whereas population is growing and the environment can­ not accomodate the increasing volume of pollutants. The problem of natural resource scarcity gives rise to the question how resource-dependent economies like European coun­ tries and Japan are affected by an increase in resource prices and how they can adjust to rising energy prices. The new para­ digm also has focused new interest on the problem of the re­ source-extracting firm and of the resource-exporting country. The Hotelling revival of resource economics has given new im­ portance to the behavior and to the policy issues of resource­ exporting countries.

Editors and Affiliations

  • Universität Mannheim, Mannheim 1, Germany

    Horst Siebert

Bibliographic Information

  • Book Title: The Resource Sector in an Open Economy

  • Editors: Horst Siebert

  • Series Title: Lecture Notes in Economics and Mathematical Systems

  • DOI: https://doi.org/10.1007/978-3-642-46484-3

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1984

  • Softcover ISBN: 978-3-540-12700-0Published: 01 November 1983

  • eBook ISBN: 978-3-642-46484-3Published: 06 December 2012

  • Series ISSN: 0075-8442

  • Series E-ISSN: 2196-9957

  • Edition Number: 1

  • Number of Pages: X, 164

  • Topics: Environmental Economics, International Economics

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