Resource and Environmental Constraints to Growth | Zendy

Smith V. Kerry | Zendy; Krutilla John V. | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Premium

Resource and Environmental Constraints to Growth

Author(s) -

Smith V. Kerry,

Krutilla John V.

Publication year - 1979

Publication title -

american journal of agricultural economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 1.949

H-Index - 111

eISSN - 1467-8276

pISSN - 0002-9092

DOI - 10.2307/1239426

Subject(s) - natural resource , production (economics) , resource (disambiguation) , natural resource economics , aggregate (composite) , resource allocation , natural (archaeology) , economics , environmental economics , computer science , microeconomics , ecology , market economy , history , computer network , materials science , archaeology , composite material , biology

To evaluate conventional methods for modeling the role of natural resources in economic activities, this analysis reviews the specific attributes of past and current neoclassical models that included natural resources, considering both micro analyses of extractive firm behavior and aggregate optimal planning models, and examines conventional assumptions about constraints to economic activities including both the availability of production materials and the absorptive capacity of environmental resources. An optimal allocation of natural resources (all the original endowments of the earth) requires a conjunctive management strategy so that both the rates of extraction and waste generation are considered.

This content is not available in your region!

Continue researching here.

Having issues? You can contact us here

Accelerating Research