An exhaustible resources model in a dynamic input–output framework: a possible reconciliation between Ricardo and Hotelling

An exhaustible resources model in a dynamic input–output framework: a possible reconciliation between Ricardo and Hotelling

Abstract This study investigates the problem of exhaustible resources using a dynamic input–output model with classical features. Following past research on the topic, further reconciliation can be made between the analyses of Ricardo and Hotelling on exhaustible resources by introducing resource-se...

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Bibliographic Details
Main Author: Biao Huang
Format: Article
Language:English
Published: SpringerOpen 2018-05-01
Series:Journal of Economic Structures
Subjects:
Exhaustible resources
Dynamic input–output model
Classical theory
Searching
Capacity constraints on extraction
Online Access:http://link.springer.com/article/10.1186/s40008-018-0107-1

Internet

http://link.springer.com/article/10.1186/s40008-018-0107-1

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