The cyclical exploitation of renewable resource stocks may be optimal

DOI10.1006/JEEM.1995.1045zbMATH Open0858.90040OpenAlexW1989274984WikidataQ59212077 ScholiaQ59212077MaRDI QIDQ1815785FDOQ1815785

Authors: Franz Wirl 

Publication date: 18 November 1996

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

Full work available at URL: https://doi.org/10.1006/jeem.1995.1045

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zbMATH Keywords

stable limit cyclesrenewable resource models

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62) Application models in control theory (93C95)

Cited In (7)

• Linear production function, externalities and indeterminacy in a capital-resource growth model
• Optimal cyclic exploitation of renewable resources
• Harvesting and conservation in a predator-prey system
• Optimality of impulse harvesting policies
• Optimal accumulation of pollution: Existence of limit cycles for the social optimum and the competitive equilibrium
• Poverty trap and global indeterminacy in a growth model with open-access natural resources
• The dynamics of an animal-vegetation system: sheep farming

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