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Book Optimal economic growth with exhaustible resources and absorptive capacity constraint

Download or read book Optimal economic growth with exhaustible resources and absorptive capacity constraint written by Mohammad Reza Vaez-Zadeh and published by . This book was released on 1977 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Optimal Economic Growth with Exhaustible Resources

Download or read book Optimal Economic Growth with Exhaustible Resources written by Prem C. Garg and published by Routledge. This book was released on 2017-10-17 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1979. For decades conservationists have argued that increasing population will eventually out-strip the limited natural resources of the earth. Economists have responded by saying that any resource scarcity will be forestalled by changes in tastes and technology, induced by the appropriate price signals. This study is an attempt to develop a theoretical framework for analysing some of the issues related to this debate. Using an optimal growth theory framework, the author analyses the problem of optimally allocating a finite stock of the resource over time. In the process the author points out the crucial parameters and value judgments relevant to the various issues. This title will be of interest to students of environmental economics.

Book Optimal Economic Growth with Exhaustible Resources

Download or read book Optimal Economic Growth with Exhaustible Resources written by Prem G. Garg and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Energy Abstracts for Policy Analysis

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1983 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Current Account Norms in Natural Resource Rich and Capital Scarce Economies

Download or read book Current Account Norms in Natural Resource Rich and Capital Scarce Economies written by Juliana Dutra Araujo and published by International Monetary Fund. This book was released on 2013-03-27 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The permanent income hypothesis implies that frictionless open economies with exhaustible natural resources should save abroad most of their resource windfalls and, therefore, feature current account surpluses. Resource-rich developing countries (RRDCs), on the other hand, face substantial development needs and tight external borrowing constraints. By relaxing these constraints and providing a key financing source for public investment in RRDCs, temporary resource revenues might then be associated with current account deficits, or at least low surpluses. This paper develops a neoclassical model with private and public investment and several frictions that capture pervasive features in RRDCs, including absorptive capacity constraints, inefficiencies in investment, and borrowing constraints that can be relaxed when natural resources lower the country risk premium. The model is used to study the role of investment and these frictions in shaping the current account dynamics under windfalls. Since consumption and investment decisions are optimal, the model also serves to provide current account benchmarks (norms). We apply the model to the Economic and Monetary Community of Central Africa and discuss how our results can be used to inform the current account norm analysis pursued at the International Monetary Fund.

Book Optimal Economic Growth with Uncertain Exhaustible Resource Stocks

Download or read book Optimal Economic Growth with Uncertain Exhaustible Resource Stocks written by and published by . This book was released on 1981 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Fossil Energy Update

Download or read book Fossil Energy Update written by and published by . This book was released on 1978 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Dissertation Abstracts International

Download or read book Dissertation Abstracts International written by and published by . This book was released on 1988 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book American Doctoral Dissertations

Download or read book American Doctoral Dissertations written by and published by . This book was released on 1976 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Comprehensive Dissertation Index

Download or read book Comprehensive Dissertation Index written by and published by . This book was released on 1984 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vols. for 1973- include the following subject areas: Biological sciences, Agriculture, Chemistry, Environmental sciences, Health sciences, Engineering, Mathematics and statistics, Earth sciences, Physics, Education, Psychology, Sociology, Anthropology, History, Law & political science, Business & economics, Geography & regional planning, Language & literature, Fine arts, Library & information science, Mass communications, Music, Philosophy and Religion.

Book From Natural Resource Boom to Sustainable Economic Growth

Download or read book From Natural Resource Boom to Sustainable Economic Growth written by Pranav Gupta and published by International Monetary Fund. This book was released on 2015-04-30 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some resource-rich developing countries are in the process of harnessing immense mining resources towards inclusive growth and prosperity. Nevertheless, tapping into natural resources could be challenging given the large front-loaded investment, volatile capital flows and exposure to global commodity markets. Public investment is needed to remove the often-large infrastructure gap and unlock the economic potential. However, too rapid fiscal outlays could push the economy to its limit of absorptive capacity and increase macro-financial vulnerabilities. This paper utilizes a structural model-based approach to analyze macroeconomic impacts of different public investment strategies on key fiscal and non-fiscal variables such as debt, consumption, sovereign wealth fund, and real exchange rates. We apply the model to Mongolia and draw policy recommendations from the analysis. We find that fiscal policy adjustment, particularly moderating infrastructure investment and optimizing investment efficiency is needed to maintain macroeconomic and external stability, as well as to boost the long-term sustainable growth for Mongolia.

Book Economic Development and the Environment

Download or read book Economic Development and the Environment written by Raymond Frech Mikesell and published by Psychology Press. This book was released on 1995 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the relationship between sustainable development and development economics. The central theme is the way in which the environment and sustainability can be integrated into development strategies. The book argues the case for government interventio

Book Population Growth and Economic Development

Download or read book Population Growth and Economic Development written by National Research Council and published by National Academies Press. This book was released on 1986-02-01 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses nine relevant questions: Will population growth reduce the growth rate of per capita income because it reduces the per capita availability of exhaustible resources? How about for renewable resources? Will population growth aggravate degradation of the natural environment? Does more rapid growth reduce worker output and consumption? Do rapid growth and greater density lead to productivity gains through scale economies and thereby raise per capita income? Will rapid population growth reduce per capita levels of education and health? Will it increase inequality of income distribution? Is it an important source of labor problems and city population absorption? And, finally, do the economic effects of population growth justify government programs to reduce fertility that go beyond the provision of family planning services?

Book World Economic Outlook  April 2012

Download or read book World Economic Outlook April 2012 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2012-04-17 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: The April 2012 issue of the World Economic Outlook assesses the prospects for the global economy, which has gradually strengthened after a major setback during 2011. The threat of a sharp global slowdown eased with improved activity in the United States and better policies in the euro area. Weak recovery will likely resume in the major advanced economies, and activity will remain relatively solid in most emerging and developing economies. However, recent improvements are very fragile. Policymakers must calibrate policies to support growth in the near term and must implement fundamental changes to achieve healthy growth in the medium term. Chapter 3 examines how policies directed at real estate markets can accelerate the improvement of household balance sheets and thus support otherwise anemic consumption. Chapter 4 examines how swings in commodity prices affect commodity-exporting economies, many of which have experienced a decade of good growth. With commodity prices unlikely to continue growing at the recent elevated pace, however, these economies may have to adapt their fiscal and other policies to lower potential output growth in the future.