Optimal management of renewable resources with growing demand and stock externalities

DOI10.1016/0095-0696(81)90001-2zbMATH Open0459.90017OpenAlexW2010177591MaRDI QIDQ1152299FDOQ1152299

Authors: Peter Berck 

Publication date: 1981

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://ageconsearch.umn.edu/record/37694/files/CUDARE%2063R%20Berck.pdf

zbMATH Keywords

environmental economicsstock externalitiesequilibrium frameworkgrowing demandoptimal management of renewable resources

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cited In (5)

• Stability and limit cycles in competitive equilibria subject to adjustment costs and dynamic spillovers.
• Sustainable growth, renewable resources and pollution: Thresholds and cycles
• Singular optimal control model of stock-dependent environmental policies
• Optimality of impulse harvesting policies
• Investment and harvest strategies of the Finnish forest sector under different forest-tax policies: A differential game approach with computer-based decision aid

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