Arbeitspapier
Natural resource rents: Theoretical clarification
The concept of natural resource rents is much used in the natural resource economics literature. It is therefore somewhat surprising that in this same literature it is difficult to find a clear definition of the concept. Possibly as a result, the concept is often loosely employed and in some texts it appears to be taken to be virtually synonymous with profits. The paper provides a definition of the concept of natural resource rents that is both unambiguous and in conformance with the more traditional concept of economic. A general expression for natural resource rents is derived as a function of the resource stock level, the rate of resource use and, its properties explored.
- Sprache
-
Englisch
- Erschienen in
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Series: Working Paper Series ; No. W08:07
- Klassifikation
-
Wirtschaft
- Thema
-
Economic rents
natural resource rents
natural resource rents and profits
Ökonomische Rente
Rohstoffwirtschaft
Ressourcenökonomik
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ragnar Arnason
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Iceland, Institute of Economic Studies (IoES)
- (wo)
-
Reykjavik
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Ragnar Arnason
- University of Iceland, Institute of Economic Studies (IoES)
Entstanden
- 2008