Mergers in Nonrenewable Resource Oligopolies and Environmental Policies

M . Ozgur Strategic Environmental Policies and Mergers

In the second half of the last century the attitude with respect to foreign investment has changed, and the role of this investment on development of Latin-American economies has become crucial. A fierce competition is taking place among these countries in a even more integrated region where environmental policies have become one of the suitable instruments to manage the perturbations on welfar...

Environmental Policies and Mergers of Local Firms By Rafael

We develop a model to analyze environmental policies in the presence of mergers and foreign direct investment. There are two countries and two type of firms (one type in each country). Firms in each country produce a homogeneous good to be consumed in both markets. Each firm creates pollution as a by product of output. Using the above specification, we examine the consequences of two alternativ...

Natural Nonrenewable Resource Development Information and Knowledge

The tropical rain forest: a nonrenewable resource.

On the other hand, it has often been stated that the tropical rain forests (tall evergreen forests in tropical warm and humid regions) around the world must be protected and conserved for the future generations (1). It has also been stated that it is most important that knowledge about the structure, diversity, and function of these ecosystems has priority in future biological research (2). Unf...

Economic Growth with a Nonrenewable Resource

This paper adds a nonrenewable resource to capital and labor in the neoclassical growth model. The nonrenewable resource introduces its depletion dynamics and expands the influence of input substitution on the growth path. Optimal depletion implies a rising resource price but investment or labor growth may raise extraction along the growth curve. Substitution between inputs plays a critical rol...