The resource sector in an open economy. With contrib. by K. Enders, E. Gerken, H. Herberg, N. Van Long, M. G. Porter, H. Siebert

DOI10.1007/978-3-662-02551-2MaRDI QIDQ792192zbMATH OpenOpenAlexFDO

Authors

Publication date 1984

Published in Lecture Notes in Economics and Mathematical Systems (Search for Journal in Brave)

Full work available at URL http://link.springer.com/978-3-642-46484-3

zbMATH Keywords

extracting industryopen economyresource sector

Mathematics Subject Classification ID

Proceedings, conferences, collections, etc. pertaining to game theory, economics, and finance (91-06) Trade models (91B60) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Review text

The present book is a collection of papers treating special problems of economies with an extracting industry, notably the possibility that expansion in the resource sector may lead to contraction in other sectors. Two of the papers contain mathematical models (the contributions by N. V. Long and by H. Herberg and K. Enders). Both present models of an open economy with two or three sectors and discuss the comparative statics based on evaluation of partial derivatives at the equilibrium. Contents: Horst Siebert, Allocation policy in a resource -- exporting country (1--16); Ngo Van Long, On the short-run and long-run effects of a resource boom (17--45); Horst Herberg and Klaus Enders, More on the consequences of a resource boom and the cures of the Dutch disease (47--94); Michael G. Porter, Taxation of the Australian resource sector (95-116); Egbert Gerken, Diversification and stabilization in a resource-exporting country (117--155).

Recommendations

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• Poverty trap and global indeterminacy in a growth model with open-access natural resources
• The resource curse revisited and revised: A tale of paradoxes and red herrings
• Resource Extraction Costs and Competitive Steady-State Growth

Cited in

(7)

• Resource booms in competitive equilibria with decreasing returns to scale
• Windfall resource income, productivity growth, and manufacturing employment
• Immigration and the Dutch disease a counterfactual analysis of the Norwegian resource boom 2004--2013
• Economic development, structural change and natural resource booms: a structuralist perspective
• scientific article; zbMATH DE number 3914031 (Why is no real title available?)
• A MIXED BLESSING
• scientific article; zbMATH DE number 910780 (Why is no real title available?)

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