Journal ArticleDOI
Trends in natural-resource commodity prices: An analysis of the time domain
Reads0
Chats0
TLDR
In this paper, a theoretical model for relative price movements is derived for the case of exogenous technical change and endogenous change in the grade of ores mined, which suggests a U-shaped time path for relative prices.About:
This article is published in Journal of Environmental Economics and Management.The article was published on 1982-06-01. It has received 381 citations till now. The article focuses on the topics: Relative price & Technical change.read more
Citations
More filters
Journal ArticleDOI
Materials availability expands the opportunity for large-scale photovoltaics deployment.
TL;DR: A roadmap emphasizing low-cost alternatives that could become a dominant new approach for photovoltaics research and deployment is developed and it is found that devices performing below 10% power conversion efficiencies deliver the same lifetime energy output as those above 20% when a 3/4 material reduction is achieved.
Journal ArticleDOI
Primary commodity prices, manufactured goods prices, and the terms of trade of developing countries : what the long run shows
TL;DR: In this paper, the authors revisited the empirical foundation of the alleged secular decline in the prices of primary commodities relative to those of manufactures and found that from 1900 to 1986 the relative prices of all primary commodities fell on trend by 0.5 percent a year and those of non-fuel primary commodities by 6.6 percent.
Posted Content
Nonrenewable Resource Scarcity
TL;DR: In this article, the authors review theoretical extensions and empirical investigations of resource extraction models and examine the implications of non-renewable resource scarcity for economic growth, given the persistent recurrence of concern about non- renewable resource scarcity and the empirical evidence for the time trends of those measures.
Journal ArticleDOI
Indicators of sustainable development: some lessons from capital theory
TL;DR: In this article, the authors explore the linkages between capital theory in various schools of thought and possible indicators of sustainable development that are the subject of this paper, and conclude that if capital theory is relevant to sustainable development, then it should also be helpful in developing indicators.
Book ChapterDOI
Sustainability: An Interdisciplinary Guide
TL;DR: A definition of sustainability as maintaining "utility" (average human wellbeing) over the very long term future is used to build ideas from physics, ecology, evolutionary biology, anthropology, history, philosophy, economics and psychology, into a coherent, interdisciplinary analysis of the potential for sustaining industrial civilisation as mentioned in this paper.
References
More filters
Journal ArticleDOI
An Analysis of Transformations
George E. P. Box,David Cox +1 more
TL;DR: In this article, Lindley et al. make the less restrictive assumption that such a normal, homoscedastic, linear model is appropriate after some suitable transformation has been applied to the y's.
Journal ArticleDOI
The Economics of Exhaustible Resources
TL;DR: In this article, a discussion is confined in scope to absolutely irreplaceable assets, including peculiar problems of mineral wealth, free competition, maximum social value and state regulation, monopoly, value of a mine monopoly, retardation of production under monopoly, price effects from cumulated production, and the author's mathematically derived optimum solutions.
Book ChapterDOI
The Economics of Resources or the Resources of Economics
TL;DR: It is easy to choose a subject for a distinguished lecture like this, before a large and critical audience with a wide range of interests as discussed by the authors, but it is not easy to find a topic that is absolutely contemporary, but somehow perennial.
Posted Content
Limited Knowledge and Economic Analysis
TL;DR: In this article, it is suggested that a market system is informationally economical and that the individual agent need not know very much about the economic system as a whole because there is far more in it than any one individual can learn.