On Measuring Natural Resource Scarcity

Conclusions concerning trends in natural resource scarcity may depend critically on the choice of scarcity index. Unfortunately, the prevalence of vertical integration in natural resource industries has hindered the use of some otherwise desirable scarcity measures. In this paper duality theory is u...

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Veröffentlicht in:	J. Polit. Econ.; (United States) 1984-10, Vol.92 (5), p.954-964
Hauptverfasser:	Halvorsen, Robert, Smith, Tim R.
Format:	Artikel
Sprache:	eng
Schlagworte:	290400 - Energy Planning & Policy- Energy Resources AVAILABILITY Cost estimates Cost functions Covariance matrices Econometrics ECONOMIC ANALYSIS Economic models Economic resources Economic theory ECONOMICS ENERGY PLANNING, POLICY AND ECONOMY Geological resources INDUSTRY Instructional materials MATERIAL SUBSTITUTION Measurement MINERAL INDUSTRY Natural resources Political economy RESOURCE DEPLETION RESOURCES Scarcity Shadow prices VERTICAL INTEGRATION
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