G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Does Productive Capital Affect the Order of Resource Exploitation?
Pascal Favard
发表日期2000
出处Climate Change and Sustainable Development
出版年2000
语种英语
摘要The purpose of this paper is to show that in a general equilibrium framework it is never optimal to use high cost substitute after lower cost exhaustible resource even if it is possible to accumulate productive capital. Indeed if the high cost substitute is scarce it is always optimal to consume it simultaneously with a lower cost stock. Moreover it may be optimal to consume the high cost substitute before using a lower cost resource.
特色分类Q3
关键词Natural resources,substitute,productive capital,general equilibrium
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/does-productive-capital-affect-the-order-of-resource-exploitation/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116495
推荐引用方式
GB/T 7714
Pascal Favard. Does Productive Capital Affect the Order of Resource Exploitation?. 2000.
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