A QUALITATIVE CHARACTERIZATION OF THE COMPETITIVE NONRENEWABLE RESOURCE EXTRACTING FIRM

被引：12

作者：

CAPUTO, MR

机构：

[1] Department of Agricultural Economics, University of California, Davis

来源：

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT | 1990年 / 18卷 / 03期

关键词：

D O I：

10.1016/0095-0696(90)90002-G

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using variational differential equations, a systematic qualitative analysis is carried out for the competitive nonrenewable resource extracting firm. The parameters of interest are the output price, variable input price, discount rate, lease length, initial resource stock, and various tax rates. The effects of changes in these parameters on the entire optimal time paths of the current shadow value of the stock, the resource stock, and the extraction rate are characterized in the perturbed phase plane. © 1990.

引用

页码：206 / 226

页数：21

共 12 条

[1]

CAPUTO MR, IN PRESS INT EC REV

[2]

Dasgupta P., 1979, EC THEORY EXHAUSTIBL

[3] LECHATELIER PRINCIPLE IN OPTIMAL-CONTROL PROBLEMS [J].