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The paper develops an exhaustible resource model withcumulative pollution and a backstop technology that exhibitsincreasing marginal costs of production. The model exploresconditions under which it is optimal to have a protracted transition period where both an exhaustible and renewable resource are used simultaneously.

Subject(s): Environmental Economics and Policy

Resource /Energy Economics and Policy

Issue Date: 2000

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/21813

Total Pages: 23

Series Statement: Selected Paper

Record appears in: American Agricultural Economics Association (AAEA) > 2000 Annual meeting, July 30-August 2, Tampa, FL





Autor: Choiniere, Conrad J.

Fuente: http://ageconsearch.umn.edu/record/21813?ln=en







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