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Specialization and non-renewable resources : Ricardo meets Ricardo

Chakravorty, Ujjayant; Krulce, Darrell; Roumasset, … - In: Journal of economic dynamics & control 29 (2005) 9, pp. 1517-1545

Persistent link: https://www.econbiz.de/10003068767

Specialization and Nonrenewable Resources : Ricardo Meets Ricardo

Chakravorty, Ujjayant; Roumasset, James Alan; Krulce, … - 2014

The one-demand Hotelling model fails to explain the observed specialization of nonrenewable resources. We develop a model with multiple demands and resources to show that specialization of resources according to demand is driven by Ricardian comparative advantage while the order of resource use...

Persistent link: https://www.econbiz.de/10014069611

Opimal management of a renewable and replaceable resource : the case of coastal groundwater

Krulce, Darrell L. - In: American journal of agricultural economics 79 (1997) 4, pp. 1218-1228

Persistent link: https://www.econbiz.de/10001238846

Specialization and non-renewable resources: Ricardo meets Ricardo

Chakravorty, Ujjayant; Krulce, Darrell; Roumasset, James - In: Journal of economic dynamics & control 29 (2005) 9, pp. 1517-1546

Persistent link: https://www.econbiz.de/10006751185

Specialization and Nonrenewable Resources: Ricardo Meets Ricardo

Chakravorty, Ujjayant; Krulce, Darrell; Roumasset, James - Department of Economics, Emory University - 2003

The one demand Hotelling model fails to explain the observed specialization of nonrenewable resources in specific end-uses. We develop a model with multiple demands and multiple resources and grades. Principles of Ricardian absolute and comparative advantage play an important role in determining...

Persistent link: https://www.econbiz.de/10005449375