Natural Resources as Capital

Natural Resources as Capital
Author: Larry Karp
Publisher: MIT Press
Total Pages: 433
Release: 2017-10-27
Genre: Business & Economics
ISBN: 0262534053

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An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses.

Introduction to Natural Resource Planning

Introduction to Natural Resource Planning
Author: Charles Yoe
Publisher: CRC Press
Total Pages: 395
Release: 2012-10-05
Genre: Nature
ISBN: 1439892628

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This is an exciting time for natural resources planning. There are amazing technologies available to planners and a wide and growing array of resources, problems, and opportunities that need attention. Private and public interests are taking up these issues all over the world and at all levels of involvement. At the same time, inefficient planning policies and procedures can threaten the art of successful planning. Demonstrating how to put effective planning theory into practice, Introduction to Natural Resource Planning introduces an iterative planning process with five steps and two ongoing processes. Suitable for any type of planning setting, the book describes each step of the planning process in extensive practical detail. Comprising field-tested strategies woven into a comprehensive and complete protocol, the book explores: Planners and the planning process Establishing the decision context, gathering evidence, plan formulation, and evaluating, comparing, and selecting plans The importance of public involvement Telling your story so that people understand and care about it Dealing effectively with uncertainty as part of the planning process Scenario planning when uncertainty obscures the future Economics for planners: cost estimates and economic analysis Fast planning and getting the most out of your planning process Practical tips from experienced natural resource planners Natural resources planning involves solving complex problems. Fascinating new issues continue to emerge as we seek to identify and preserve natural DNA, struggle with invasive and nonindigenous species, and worry about the well-being of native and managed pollinators. Meanwhile, we continue to struggle with familiar problems like water quality, developing resources for wise uses, loss of habitat, and floods, hurricanes, and other natural disasters. This volume will empower both experienced and new planners to plan more effectively for solutions to preserve and manage our natural resources.

The Economics of Natural Resource Use

The Economics of Natural Resource Use
Author: John M. Hartwick
Publisher: Reading, Mass. ; Don Mills, Ont. : Addison-Wesley
Total Pages: 456
Release: 1998
Genre: Business & Economics
ISBN:

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This text is a comprehensive examination of the economics of using natural reosurces in the modern economy. Presenting economic concepts essential to examining how resources can be sustained, extracted and harvested extensive use is made of diagrams and accompanying algebraic models.* NEW! This edition of the text features a new organization. The first section is an overview of techniques, the second focuses on static models of natural resource use, and the third examines dynamic models of natural resource use. * NEW! Revised and updated cases use real-world examples and show how they are linked to natural resource modeling. * NEW! Text pedagogy has been improved overall, including a much more extensive use of graphs. * Only current book solely on natural resources (without environmental econ) for all of North America. * The Second Edition stresses the economics of sustainability; continues thorough coverage of land and water use, fisheries, pollution policy, non-renewable resources, and forests. * Advanced chapters are included for use in honors/graduate courses: e.g., parts of Chapters 3, 9, 11, and 12.

Natural Resources and the New Frontier

Natural Resources and the New Frontier
Author: Judd C. Kinzley
Publisher: University of Chicago Press
Total Pages: 272
Release: 2018-06-13
Genre: History
ISBN: 9780226492155

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China’s westernmost province of Xinjiang has experienced escalating cycles of violence, interethnic strife, and state repression since the 1990s. In their search for the roots of these growing tensions, scholars have tended to focus on ethnic clashes and political disputes. In Natural Resources and the New Frontier, historian Judd C. Kinzley takes a different approach—one that works from the ground up to explore the infrastructural and material foundation of state power in the region. As Kinzley argues, Xinjiang’s role in producing various natural resources for regional powers has been an important but largely overlooked factor in fueling unrest. He carefully traces the buildup to this unstable situation over the course of the twentieth century by focusing on the shifting priorities of Chinese, Soviet, and provincial officials regarding the production of various resources, including gold, furs, and oil among others. Through his archival work, Kinzley offers a new way of viewing Xinjiang that will shape the conversation about this important region and offer a model for understanding the development of other frontier zones in China as well as across the global south.

Natural Resource Economics

Natural Resource Economics
Author: Barry C. Field
Publisher: Waveland Press
Total Pages: 466
Release: 2023-07-21
Genre: Business & Economics
ISBN: 1478651709

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The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies of natural resources to accommodate the rising demands of growing economies; a newer concern is whether those growing economies will undermine the linkages between humans and the earth’s critical ecological endowments. It is essential to understand the reciprocity of how human decisions affect resources and how resources affect humans. Natural resource economics is one way of framing and analyzing choices about the conservation and use of natural resources made daily by individuals, communities, and nations. The focus of the text is on natural resource valuation, economic incentives, and the institutional arrangements that will produce desired collective outcomes. The fourth edition of this acclaimed text presents the analytical framework of economics in easy-to-understand descriptions for readers who have not yet been exposed to economics. The first nine chapters offer a lucid introduction to fundamental economic principles and their application to questions about natural resource use. Ten topical chapters address specific natural resources. The final two chapters examine natural resource issues encountered in developing countries and the impacts of globalization on the utilization and conservation of natural resources. Topics new to this edition include: equity issues in natural resources decisions, existence value of wildlife, technological change, natural capital, payment for environmental services, rare earths, food security, and collective property rights.

Confronting the Curse

Confronting the Curse
Author: Cullen S. Hendrix
Publisher: Peterson Institute for International Economics
Total Pages: 221
Release: 2014
Genre: Business & Economics
ISBN: 0881326763

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The political economy of natural resource wealth poses two interrelated challenges for American foreign policy, both involving governance issues in countries that are abundantly endowed with natural resources. The potentially negative impact of natural resources on development is captured in the phrase "the resource curse". The implications are the greatest for the commodity producers themselves, ranging from complications for macroeconomic management to political authoritarianism and, in the extreme, the precipitation of violent civil conflict. For US policy, the resource curse presents challenges with respect to coping with state failure and associated transborder phenomena. The issues extend to broader geopolitics. Resource abundance confers financial and political power on producers. China's emergence as a major importer and investor in extraction, willing to accommodate authoritarian producers, exacerbates the challenge, potentially undercutting international efforts to encourage greater transparency and improved management of natural resource wealth. This issue is of particular importance for US policy toward Africa

Natural Resource Economics

Natural Resource Economics
Author: Jon M. Conrad
Publisher: Cambridge University Press
Total Pages: 361
Release: 2020-01-30
Genre: Business & Economics
ISBN: 1108499333

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Presents models of renewable and non-renewable resources and provides analytical methods to explore contemporary resource problems.

Environmental and Natural Resource Economics

Environmental and Natural Resource Economics
Author: Jonathan M. Harris
Publisher: Routledge
Total Pages: 584
Release: 2016-05-05
Genre: Business & Economics
ISBN: 1315448513

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Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided.

Natural Resource Economics

Natural Resource Economics
Author: Barry C. Field
Publisher: Waveland Press
Total Pages: 464
Release: 2015-12-10
Genre: Business & Economics
ISBN: 1478632453

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Decisions about the conservation and use of natural resources are made every day by individuals, communities, and nations. The latest edition of Field’s acclaimed text highlights the incentives and trade-offs embedded in such decisions, providing a lucid introduction to natural resource issues using the analytical framework of economics. Employing a logical structure and easy-to-understand descriptions, Field covers fundamental economic principles and their general application to natural resource use. These principles are further developed in chapters devoted to specific resources. Moreover, this up-to-date volume addresses the challenge of achieving socially beneficial utilization rates in the twenty-first century amid continuing population growth, urbanization, and global climate change. Topics new to the Third Edition include: • implications of climate change on resources • fracking • energy intensity and the energy efficiency gap • reducing fossil energy • forests and carbon • international water issues • globalization and trade in natural resources