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http://hdl.handle.net/20.500.11861/6513| Title: | Resource price dynamics with non-malleable extraction capital |
| Authors: | Rowse, John Prof. YEUNG Wing Kay, David |
| Issue Date: | 1993 |
| Source: | Economics Letters, 1993, vol. 42(4), pp. 425-431. |
| Journal: | Economics Letters |
| Abstract: | Non-renewable resource extraction is nearly always capital-intensive and extraction capital tends to be non-malleable. In thispaper we present and discuss a dynamic discrete-time model of resource extraction embodying non-malleable capital which can generate highly diverse patterns of price behaviour. |
| Type: | Peer Reviewed Journal Article |
| URI: | http://hdl.handle.net/20.500.11861/6513 |
| ISSN: | 0165-1765 |
| DOI: | 10.1016/0165-1765(93)90096-U |
| Appears in Collections: | Economics and Finance - Publication |
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