Titlebook: Economic Theory and International Trade in Natural Exhaustible Resources; Cees Withagen Book 1985 Springer-Verlag Berlin Heidelberg 1985 e

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https://doi.org/10.1007/978-3-662-39677-3e problem of optimal exploitation of exhaustible resources in trading economies. In this final chapter the main results are summarized (6.2). In section 6.3 an attempt is made to indicate the empirical relevance of the results. Section 6.4 gives the conclusions.

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Exhaustible Resources and International Trade, a Survey,analysis. However, the oil crisis revealed the vulnerability of some parts of the world through international trade problems. Nevertheless some work has been done here and it is the objective of this chapter to survey this. Apart from the merits such a survey has on its own by systematically arrangi

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Optimal Exploitation and Investments in a Small Open Economy,m of simultaneous determination of optimal exploitation of the resource and the optimal savings rate was in order. This is the purpose of the present chapter. It will turn out that the results heavily depend on whether or not certain markets are in existence and on the expectations the economy under