Non-renewable Resource Extraction with Extraction and Exploration Technologies

This paper provides a new non-renewable resource extraction model with both extraction and exploration technologies. We show how these technological changes affect efficient non-renewable resource extraction differently. Policy-makers therefore need to carefully choose the type of technology by considering their properties.

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Year of publication:	2013-03
Authors:	Sawada, Eiji ; Managi, Shunsuke
Institutions:	Faculty of Economics, Keio University

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Extent:	application/pdf
Series:	Keio/Kyoto Joint Global COE Discussion Paper Series.
Type of publication:	Book / Working Paper
Notes:	Number 2012-048 8 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010857792