Questions tagged [nonrenewable-resources]
The nonrenewable-resources tag has no usage guidance.
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Proportion of time non-renewables determine the price of electricity price
I have a long time-series dataset of electricity generation over a period, broken down by generation type renewable and non renewable. I want to determine the percentage of time that non-renewables ...
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Term describing behavior of high-margin, capitol-intensive companies in an industry with declining available resources
I am searching for the term that is used to describe the behavior for firms and companies that are often high-margin and capitol-intensive, existing within an industry where the principle resource is ...
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Which are the principal economic barriers to a circular economy?
The discussion usually revolves around issues such as product design, cultural awareness, etc. I wonder what the fundamental economic barriers are.
I see a fundamental issue e.g. in transaction costs ...
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Is weak sustainability (Hartwick's rule) possible on a global scale?
Hartwick's rule postulates that an economy is sustainable if all rents obtained from the extraction of non-renewable resources are re-invested in produced capital (Source). A typical example would be ...
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Would a zero-growth economy with zero-growth population still have the same GDP?
If a country was to turn to a steady-state economy (or circular economy) where there is neither economic nor population growth with time, and there is no natural resources being added to the system ...
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Are businesses and individuals buying clean / green / renewable energy contribute to slowing down the climate change?
I'm not sure if an individual choosing a "green energy supplier" is making any difference.
My (potentially naive, uneducated) logic is as follows:
...
- 305
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Why is that when one person or group gets a good or service, someone else will have to live without it?
!
There's this statement in my Applied Economics book that I don't understand. Why is that when one person or group gets a good or service, someone else will have to live without it? I hope you ...
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What's an example of a resource, raw material that has become scarce?
I'm interested in the elasticity price demand that predicts that as a resource becomes more scarce, it gets more expensive.
Regarding oil price this isn't clear. Is there an example of a resource ...
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Extraction and royalty time path for a non-renewable resource under a monopolist assumption
I am trying to understand the time path of extraction and royalty (price) for a non-renewable resource under a monopolist framework.
The problem is that in the main books on environmental/resource ...
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Could Depreciation of Capital $=\delta(K(t))^{\theta}$ with $\theta<1$ Be a Realistic Assumption?
In the context of a long-term growth model with $K$ representing aggregate (man-made) capital, what theoretical or empirical reasons, if any, might be given for assuming that depreciation of capital $...
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Interpretation of the growth rate of consumption in a simple one-good model
In Perman et al. "The efficient and optimal use of natural resources" it is presented a simple single-good model of welfare dynamic optimisation with non-renewable natural resource where:
Obj:
$$
max ...
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If Y=K+C, why the value of a marginal unit of capital is the same of the value of a marginal unit of output?
In a simple model of welfare dynamic optimisation with non-renewable natural resource where:
$$
\dot S_t = -R_t
$$
$$
\dot K_t = Q(K_t,R_t)-C_t
$$
one of the first order condition is that $P_t=\...
- 307
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How helpful is Hotelling's Rule in determining the price of oil?
After posting this question, I realized that there was quite a bit of controversy surrounding the use of Hotelling's Rule to estimate the price of oil. Participants on this site seemed to be evenly ...
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