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Optimal Growth Paths With Exhaustible Resources
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Book Synopsis The Economics of Optimal Growth Pathways by : S. Niggol Seo
Download or read book The Economics of Optimal Growth Pathways written by S. Niggol Seo and published by Springer Nature. This book was released on 2023-02-25 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every society aspires to be prosperous. It also endeavors to minimize the side effects of economic growth. This book entitled The Economics of Optimal Growth Pathways addresses numerous trade-offs faced by society to achieve prosperity and explores the best possible growth pathways. The theories explored in this book serve as a springboard to better understand key challenges and aspects of the economy, including food security, land use, forest and resource management, capital markets and interest rates, oil and gas extraction, fish and marine resources, saving and investment, and climate change. This book elucidates the concept of optimal economic growth pathways while addressing the challenges faced in natural resources and life on the planet. It will be relevant to students and researchers interested in resource and environmental economics.
Book Synopsis Optimal Growth Paths with Exhaustible Resources by : Robert U. Ayres
Download or read book Optimal Growth Paths with Exhaustible Resources written by Robert U. Ayres and published by . This book was released on 1987 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in the Economics of Exhaustible Resources by : N.V. Long
Download or read book Essays in the Economics of Exhaustible Resources written by N.V. Long and published by Elsevier. This book was released on 2014-06-28 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays in the Economics of Exhaustible Resources
Book Synopsis Optimal Economic Growth with Exhaustible Resources by : Prem C. Garg
Download or read book Optimal Economic Growth with Exhaustible Resources written by Prem C. Garg and published by Routledge. This book was released on 2017-10-17 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1979. For decades conservationists have argued that increasing population will eventually out-strip the limited natural resources of the earth. Economists have responded by saying that any resource scarcity will be forestalled by changes in tastes and technology, induced by the appropriate price signals. This study is an attempt to develop a theoretical framework for analysing some of the issues related to this debate. Using an optimal growth theory framework, the author analyses the problem of optimally allocating a finite stock of the resource over time. In the process the author points out the crucial parameters and value judgments relevant to the various issues. This title will be of interest to students of environmental economics.
Book Synopsis Economics, Natural-Resource Scarcity and Development (Routledge Revivals) by : Edward B Barbier
Download or read book Economics, Natural-Resource Scarcity and Development (Routledge Revivals) written by Edward B Barbier and published by Routledge. This book was released on 2013-06-26 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global warming is an increasing problem, tropical forests are being wiped out and major upper watersheds are being degraded. Using insights provided by environmentalism, ecology and thermo-dynamics, this book – first published in 1989 – outlines an economic approach to the use of natural resources and particularly to the problem of environmental degradation. Edward Barbier reviews and critiques the long past of environmental and resource economics and then goes on to elaborate an economics which allows us to develop alternative strategies for dealing with the problems faced. With examples drawn from Latin America and Indonesia, he not only develops a major theoretical advance but shows how it can be applied. Barbier’s work is an important and relevant contribution to the discussion surrounding the economics of environmental sustainability.
Book Synopsis Defining Sustainability by : Richard B. Howarth
Download or read book Defining Sustainability written by Richard B. Howarth and published by Univ of Wisconsin Press. This book was released on 2010-03-01 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rising stature of sustainable development constitutes an important and evolving challenge for natural resource and environmental economics. Is sustainability best achieved through the use and extension of conventional criteria for optimal resource allocation? Or does the concept involve a more substantial shift beyond methods such as present-value maximization and nonmarket valuation? At the heart of this challenge lie questions concerning the precise meaning that should be attached to the phrase “sustainable development,” and how this concept may be operationalized in economic theory and applied policy analysis.
Book Synopsis The New Oxford Handbook of Economic Geography by : Dariusz Wójcik
Download or read book The New Oxford Handbook of Economic Geography written by Dariusz Wójcik and published by Oxford University Press. This book was released on 2018-01-02 with total page 977 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first fifteen years of the 21st century have thrown into sharp relief the challenges of growth, equity, stability, and sustainability facing the world economy. In addition, they have exposed the inadequacies of mainstream economics in providing answers to these challenges. This volume gathers over 50 leading scholars from around the world to offer a forward-looking perspective of economic geography to understanding the various building blocks, relationships, and trajectories in the world economy. The perspective is at the same time grounded in theory and in the experiences of particular places. Reviewing state-of-the-art of economic geography, setting agendas, and with illustrations and empirical evidence from all over the world, the book should be an essential reference for students, researchers, as well as strategists and policy makers. Building on the success of the first edition, this volume offers a radically revised, updated, and broader approach to economic geography. With the backdrop of the global financial crisis, finance is investigated in chapters on financial stability, financial innovation, global financial networks, the global map of savings and investments, and financialization. Environmental challenges are addressed in chapters on resource economies, vulnerability of regions to climate change, carbon markets, and energy transitions. Distribution and consumption feature alongside more established topics on the firm, innovation, and work. The handbook also captures the theoretical and conceptual innovations of the last fifteen years, including evolutionary economic geography and the global production networks approach. Addressing the dangers of inequality, instability, and environmental crisis head-on, the volume concludes with strategies for growth and new ways of envisioning the spatiality of economy for the future.
Book Synopsis The Economics of Sustainability by : John C.V. Pezzey
Download or read book The Economics of Sustainability written by John C.V. Pezzey and published by Routledge. This book was released on 2017-09-08 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before the late 1980s, when the ideas of sustainability and sustainable development to the forefront of public debate, conventional, neo-classical economic thinking about development and growth had rarely given any consideration to the needs of future generations, or the sustainability of natural resource use. Defining sustainability broadly as intergenerational fairness in the long-term decision making of a whole society, and using established economic concepts, this selection of refereed journal articles brings a famously ill-defined concept into sharp focus, providing academics at all levels with a formidable research tool. Spanning thirty years of the most important philosophical, theoretical and empirical contributions from both critics and defenders of neo-classical assumptions and methods of economic analysis, this focused collection of papers constitutes a unique, balanced resource on the full range of intellectual debates surrounding the economics of sustainability.
Book Synopsis Market Madness by : Blake C. Clayton
Download or read book Market Madness written by Blake C. Clayton and published by Oxford University Press. This book was released on 2015-01-02 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stock market booms are cause for celebration. But when oil prices soar because supplies are failing to keep up with demand, the response is nearly always apocalyptic. Predictions of the end of oil can create anxiety on Wall Street and in Washington, stoking fears that production has hit a ceiling and prices will rise in perpetuity. Yet these dire visions have always proven wrong. Market Madness is the story of four waves of American anxiety over the last 100 years about a looming end to oil reserves. Their sweeping pattern-as large price increases lead to widespread shortage fears that eventually dissipate when oil production rises again and prices moderate-has defined the wild price swings in the oil market down to the present day. Blake Clayton, a Wall Street stock analyst and adjunct fellow at the Council on Foreign Relations, makes the case for the need for better information, communication and transparency. While these measures will not eliminate volatility and unpredictability completely, they would mitigate unnecessary price spikes and improve both investor and government decision-making. Market Madness is the first study to employ Nobel Laureate economist Robert Shiller's "new era economics" beyond the markets to which he famously applied it-the 1990s dot-com equity market and the mid-2000s housing market-in order to better understand the dynamics of speculative bubbles and irrationality in the commodities markets. In so doing, it breaks new ground in illuminating how mass beliefs about the future of a vital asset like oil take shape and what the future of energy may hold.
Book Synopsis Principles of Sustainable Development - Volume III by : Giancarlo Barbiroli
Download or read book Principles of Sustainable Development - Volume III written by Giancarlo Barbiroli and published by EOLSS Publications. This book was released on 2009-10-20 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Sustainable Development is the component of Encyclopedia of Development and Economic Sciences in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. Sustainable Development is a term of differing definitions. Standing alone, the term is abstract and ambiguous. The meaning most often cited is that adopted by the World Commission on Environment and Development: meeting today’s true needs and opportunities without jeopardizing the integrity of the planetary life-support base – the environment – and diminishing its ability to provide for needs, opportunities, and quality of life in the future. This definition may serve as a general principle, but for a guide to action its components sustainability and development must be given substance: what is to be sustained and what developed? Is development essentially economic or material growth, and is sustainability mostly a means to keep economic growth growing? Consequently, should development represent means toward ecologically sustainable ends? The concept of ecological sustainability has been advanced as a restriction on economic development. It follows therefore that principles of sustainable development depend upon how the term is understood and how it is put into practice. Even so the definition of the World Commission on Environment and Development, given the adequate definition of variable needs, provides the most reliable principle for testing the qualitative and ecological sustainability of development proposals. The Theme on Principles of Sustainable Development, in three volumes, deals with the diversity of points of view on this complex subject. These three volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.
Book Synopsis Environment, Scarcity, and Violence by : Thomas F. Homer-Dixon
Download or read book Environment, Scarcity, and Violence written by Thomas F. Homer-Dixon and published by Princeton University Press. This book was released on 2010-07-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Earth's human population is expected to pass eight billion by the year 2025, while rapid growth in the global economy will spur ever increasing demands for natural resources. The world will consequently face growing scarcities of such vital renewable resources as cropland, fresh water, and forests. Thomas Homer-Dixon argues in this sobering book that these environmental scarcities will have profound social consequences--contributing to insurrections, ethnic clashes, urban unrest, and other forms of civil violence, especially in the developing world. Homer-Dixon synthesizes work from a wide range of international research projects to develop a detailed model of the sources of environmental scarcity. He refers to water shortages in China, population growth in sub-Saharan Africa, and land distribution in Mexico, for example, to show that scarcities stem from the degradation and depletion of renewable resources, the increased demand for these resources, and/or their unequal distribution. He shows that these scarcities can lead to deepened poverty, large-scale migrations, sharpened social cleavages, and weakened institutions. And he describes the kinds of violence that can result from these social effects, arguing that conflicts in Chiapas, Mexico and ongoing turmoil in many African and Asian countries, for instance, are already partly a consequence of scarcity. Homer-Dixon is careful to point out that the effects of environmental scarcity are indirect and act in combination with other social, political, and economic stresses. He also acknowledges that human ingenuity can reduce the likelihood of conflict, particularly in countries with efficient markets, capable states, and an educated populace. But he argues that the violent consequences of scarcity should not be underestimated--especially when about half the world's population depends directly on local renewables for their day-to-day well-being. In the next decades, he writes, growing scarcities will affect billions of people with unprecedented severity and at an unparalleled scale and pace. Clearly written and forcefully argued, this book will become the standard work on the complex relationship between environmental scarcities and human violence.
Book Synopsis Economic Growth and the Environment by : Clas Eriksson
Download or read book Economic Growth and the Environment written by Clas Eriksson and published by Oxford University Press, USA. This book was released on 2013-04-25 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can we reconcile economic growth with the need to protect the natural environment? Will scarcity of natural resources eventually force economic growth to cease? This book introduces key models and shows how modern growth theory can be used to shed light on the relation between economic growth, natural resources, and the environment.
Book Synopsis Knut Wicksell by : John Cunningham Wood
Download or read book Knut Wicksell written by John Cunningham Wood and published by Taylor & Francis. This book was released on 1994 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis FUNDAMENTAL ECONOMICS – Volume II by : Mukul Majumdar
Download or read book FUNDAMENTAL ECONOMICS – Volume II written by Mukul Majumdar and published by EOLSS Publications. This book was released on 2010-12-12 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamental Economics in two volumes is a component of Encyclopedia of Social Sciences and Humanities in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The Theme discusses on Fundamental Economics, Walrasian and Non-Walrasian Microeconomics, Strategic Behavior, The Economics of Bargaining, Economic Exernalities, Public Goods, Macroeconomics, Decision Making Under Uncertainty, Development Economics and many other related topics. These two volumes are aimed at the following five major target audiences: University and College Students Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers, NGOs and GOs.
Book Synopsis Scarcity and Growth Revisited by : R. David Simpson
Download or read book Scarcity and Growth Revisited written by R. David Simpson and published by Taylor & Francis. This book was released on 2012-05-23 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, a group of distinguished international scholars provides a fresh investigation of the most fundamental issues involved in our dependence on natural resources. In Scarcity and Growth (RFF, 1963) and Scarcity and Growth Reconsidered (RFF, 1979), researchers considered the long-term implications of resource scarcity for economic growth and human well-being. Scarcity and Growth Revisited examines these implications with 25 years of new learning and experience. It finds that concerns about resource scarcity have changed in essential ways. In contrast with the earlier preoccupation with the adequacy of fuel, mineral, and agricultural resources and the efficiency by which they are allocated, the greatest concern today is about the Earth‘s limited capacity to handle the environmental consequences of resource extraction and use. Opinion among scholars is divided on the ability of technological innovation to ameliorate this 'new scarcity.' However, even the book‘s more optimistic authors agree that the problems will not be successfully overcome without significant advances in the legal, financial, and other social institutions that protect the environment and support technical innovation. Scarcity and Growth Revisited incorporates expert perspectives from the physical and life sciences, as well as economics. It includes issues confronting the developing world as well as industrialized societies. The book begins with a review of the debate about scarcity and economic growth and a review of current assessments of natural resource availability and consumption. The twelve chapters that follow provide an accessible, lively, and authoritative update to an enduring-but changing-debate.
Download or read book Extracted written by Ugo Bardi and published by Chelsea Green Publishing. This book was released on 2014-04-09 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: As we dig, drill, and excavate to unearth the planet’s mineral bounty, the resources we exploit from ores, veins, seams, and wells are gradually becoming exhausted. Mineral treasures that took millions, or even billions, of years to form are now being squandered in just centuries–or sometimes just decades. Will there come a time when we actually run out of minerals? Debates already soar over how we are going to obtain energy without oil, coal, and gas. But what about the other mineral losses we face? Without metals, and semiconductors, how are we going to keep our industrial system running? Without mineral fertilizers and fuels, how are we going to produce the food we need? Ugo Bardi delivers a sweeping history of the mining industry, starting with its humble beginning when our early ancestors started digging underground to find the stones they needed for their tools. He traces the links between mineral riches and empires, wars, and civilizations, and shows how mining in its various forms came to be one of the largest global industries. He also illustrates how the gigantic mining machine is now starting to show signs of difficulties. The easy mineral resources, the least expensive to extract and process, have been mostly exploited and depleted. There are plenty of minerals left to extract, but at higher costs and with increasing difficulties. The effects of depletion take different forms and one may be the economic crisis that is gripping the world system. And depletion is not the only problem. Mining has a dark side–pollution–that takes many forms and delivers many consequences, including climate change. The world we have been accustomed to, so far, was based on cheap mineral resources and on the ability of the ecosystem to absorb pollution without generating damage to human beings. Both conditions are rapidly disappearing. Having thoroughly plundered planet Earth, we are entering a new world. Bardi draws upon the world’s leading minerals experts to offer a compelling glimpse into that new world ahead.
Book Synopsis Essays in Contemporary Fields of Economics by : George Horwich
Download or read book Essays in Contemporary Fields of Economics written by George Horwich and published by Purdue University Press. This book was released on 1981 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume honors Emanuel T. Weiler, the founder and first dean of Purdue University's School of Management and of the Krannert Graduate School of Management. Beginning in the mid-1950s, Weiler created a unique academic environment within which innovative and lasting contributions were made to both the teaching and content of economics and management. Members of the original economics faculty recruited by Weiler as well as several of their students wrote this collection of essays. All but one of the papers were prepared expressly for the volume and have not been published previously. The essays cover diverse areas which evolved from Weiler's leadership. The work has four major topical divisions (Economic Theory, Applied Economics, Macroeconomics, and Economics Education) plus a section of four memoirs.
