Low, High and Super Congestion of a Renewable Natural Resource Under Autarky and Trade
نویسندگان
چکیده
Numerous developing economies depend vitally on renewable natural-resource (NR)-based commodities. This study develops a general equilibrium model to examine the steady-state impact of changes in small economy's NR congestion under open access and optimal regulation. issue has often been examined 'low' (LC) – with MC > AC both upward sloping. Two more categories, 'high' (HC) 'super' (SC) whose is backwardbending
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3828326