Conflict and Renewable Resources

Fueling America Through Renewable Resources

Introduction Biomass energy has received much attention in recent years. We now use about one third of the U.S. corn crop for biofuels. More recently, attention has focused on cellulosic resources—dedicated energy crops like switchgrass, miscanthus, and corn stover. Now the question has been raised concerning the economics of collecting just the corn cobs for energy instead of the stover. This ...

Economics of Renewable Natural Resources

Renewable natural resources include those resources useful to human economies that exhibit growth, maintenance, and recovery from exploitation over an economic planning horizon. The economics of such resources has traditionally considered stocks of fish, forests, or freshwater, much like a banker would tally interest on cash deposits. From an economic point of view, the management of biomass, s...

Renewable Resources in Corrosion Resistance

Capital Taxation, Growth, and Non-renewable Resources

The conventional view within the endogenous growth literature is that interest income taxes impede economic growth and investment subsidies promote economic growth. The present paper lays out a simple framework to see whether this is still true when non-renewable resources enter the ”growth engine” in an essential way. It is not! The framework allows a rich set of determinants of longrun growth...

Renewable Resources , Capital Accumulation , and Economic Growth

This paper proposes a dynamic economic model with physical capital and renewable resources. Different from most of the neoclassical growth models with renewable resources which are based on microeconomic foundation and neglect physical capital accumulation, this study proposes a growth model with dynamics of renewable resources and physical capital accumulation. The model is a synthesis of the ...