Natural Nonrenewable Resource Development Information and Knowledge
نویسندگان
چکیده
منابع مشابه
Cournot equilibrium as emergent behavior in a nonrenewable resource agent-based model
In a simple agent-based model of a small oligopoly nonrenewable natural resource model, the agents, communicating solely through the market price, sometimes exhibit collusion-like behavior, sometimes Cournot-like behavior. The collusion-like behavior is shown to arise when di erences between the agents are small. Conversely, the Cournot-like behavior is shown to result from di erences in produc...
متن کاملEconomic growth and transitions between renewable and nonrenewable energy resources
We study transitions between nonrenewable and renewable energy forms at di!erent development stages of an economy. It is shown that in the historical context the emphasis on energy production may evolve from renewables to nonrenewables and back to renewables. Typically both energy forms are used simultaneously. Along the equilibrium path, nonrenewable resource consumption may increase and their...
متن کاملLinks with domestic industry , downstream processing and the provision of inputs : Resource based industrialisation in South Africa
Introduction South Africa has enjoyed considerable success in establishing critical upstream industries based on its natural resource advantages. The broadening of these successes was muted, according to Chang (1998), by an industrial policy under apartheid burdened with objectives that ultimately undermined the development of the domestic economy. South Africa has squandered both the advantage...
متن کاملEnergy Pellets: A Heating Fuel Resource for North Carolina Farms and Homes
Increased prices for nonrenewable heating fuels (such as propane, heating oil, and natural gas) have residential and farm consumers seeking more sustainable solutions to their heating needs. Price increases among these fuels will remain a trend as a combination of decreased reserves and increased demand continues to limit supply (EIA, 2012). Pellets produced from abundant biomass sources—such a...
متن کاملPolicy implications from agent-based models of non-renewable resource production
Whether privately or publicly held, nonrenewable resources impact social welfare and, therefore, often come under public policy purview. Those who formulate policy typically have multiple and sometimes con icting goals. Of interest to policy-makers is the relative e ectiveness of the tools at their disposal given a nonrenewable natural resource, its ownership, and the market in which it's trade...
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