Time consuming resource extraction in an overlapping generations economy with capital

DOI10.1007/s00712-012-0318-0zbMath1294.91157OpenAlexW1986085313MaRDI QIDQ403779

Karl Farmer, Birgit Bednar-Friedl

Publication date: 29 August 2014

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00712-012-0318-0

zbMATH Keywords

overlapping generationsrenewable resourcesresource shockstime consuming extraction costs

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) General equilibrium theory (91B50)

Cites Work

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• The economics of forestry when the rate of harvest is constrained
• Intergenerational natural-capital equality in an overlapping-generations model with logistic regeneration.
• Renewable resources in an endogenously growing economy: balanced growth and transitional dynamics
• Renewable resources in an overlapping generations economy without capital
• Growth in overlapping generation economies with non-renewable resources
• Competitive Equilibria and Sustainable Growth in a Life-Cycle Model with Natural Resources
• A Two-Sector Overlapping-Generations Model: A Global Characterization of the Dynamical System
• Stability of equilibria in the overlapping generations model with endogenous labor supply.

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