Arbeitspapier

Declining Exhaustible Resource Rent with Small, Distinct Extractive Firms

We consider a competitive extraction industry comprising many small firms, each with a slightly different quality of mineral holdings. With "rapidly" declining quality of holding per firm we observe rent declining over and interval. We do not work with the planning solution, commonly invoked in the study of firms with distinct qualities of stock.

Language
Englisch

Bibliographic citation
Series: Queen's Economics Department Working Paper ; No. 1139

Classification
Wirtschaft
Nonrenewable Resources and Conservation: Demand and Supply; Prices
Market Structure, Pricing, and Design: Perfect Competition
Subject
exhaustible resources
resource rent
competitive extraction
Erschöpfbare Ressourcen
Rohstoffwirtschaft
Bergbau
KMU
Gewinn
Unternehmenserfolg

Event
Geistige Schöpfung
(who)
Hartwick, John
Bazhanov, Andrei
Song, Zhen
Event
Veröffentlichung
(who)
Queen's University, Department of Economics
(where)
Kingston (Ontario)
(when)
2007

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hartwick, John
  • Bazhanov, Andrei
  • Song, Zhen
  • Queen's University, Department of Economics

Time of origin

  • 2007

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