G2TT
来源类型Monograph (IIASA Research Report)
规范类型报告
On Measures of Natural Resource Scarcity.
Fisher AC
发表日期1977
出版者IIASA, Laxenburg, Austria: RR-77-019
出版年1977
语种英语
摘要Several questions concerning measures of natural resource scarcity are considered with the aid of optimal control models of exploration and extraction. It is shown that the unit cost of extraction is not a sufficient indicator of resource scarcity, because it neglects demand generally and the value of future output foregone in particular. Under plausible conditions, though, cost will rise as stock is depleted. Resource rent is also not fully satisfactory as an indicator of scarcity, since, contrary to recent suggestions, it may fall if cost rises as the stock is depleted. The best measure of scarcity is probably the market price of the resource. Introducing exploration into a model of optimal extraction leads to a practical proposal for estimating rent from exploration cost data.
主题System and Decision Sciences - Core (SDS)
URLhttp://pure.iiasa.ac.at/id/eprint/696/
来源智库International Institute for Applied Systems Analysis (Austria)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/121399
推荐引用方式
GB/T 7714
Fisher AC. On Measures of Natural Resource Scarcity.. 1977.
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