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Capacity Choice by Mines

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  • Pierre Lasserre

Abstract

Cet Article Adapte la Theorie de L'investissement En Situation de Certitude au Cas de la Firme Extractive. on Distingue Demandes Ex Ante et Demandes Ex Post Auxquelles Est Consacre L'essentiel de L'article. Comme les Contraintes Qui Sont Presentes Ex Post Affectent les Decisions Ex Ante, on Effectue un Test de L'hypothese "Putty-Clay" a Partir de L'etude Empirique de la Demande Ex Ante de Capital Dans des Mines de Metaux Non Ferreux. L'hypothese N'est Pas Rejetee. En Revanche, L'hypothese "Clay-Clay" Est Largement Rejetee, la Demande de Capital Reagissant a la Fois aux Prix et aux Donnees Geologiques. Outre Sa Capacite de Tenir Compte de la Contrainte D'epuisement a Laquelle Sont Confrontees les Firmes Extractives, Ce Modele Se Distingue de la Plupart des Modeles D'investissement Traditionnels En Ce Qu'on N'y Traite Pas la Production Ou le Stock Initial de Capital Comme Exogenes Mais Comme Resultat de Decisions de Nature Economique Endogenes au Modele.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Pierre Lasserre, 1985. "Capacity Choice by Mines," Canadian Journal of Economics, Canadian Economics Association, vol. 18(4), pages 831-842, November.
    • Handle: RePEc:cje:issued:v:18:y:1985:i:4:p:831-42
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    Cited by:

    1. Jean-Pierre Amigues & Michel Moreaux, 2019. "Energy Conversion Rate Improvements, Pollution Abatement Efforts and Energy Mix: The Transition toward the Green Economy under a Pollution Stock constraint," Working Papers 2019.14, FAERE - French Association of Environmental and Resource Economists.
    2. Pommeret, Aude & Ricci, Francesco & Schubert, Katheline, 2022. "Critical raw materials for the energy transition," European Economic Review, Elsevier, vol. 141(C).
    3. A. Marvasti, 2000. "Resource Characteristics, Extraction Costs, and Optimal Exploitation of Mineral Resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 17(4), pages 395-408, December.
    4. Robert Cairns, 2001. "Capacity Choice and the Theory of the Mine," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(1), pages 129-148, January.
    5. repec:rim:rimwps:26-07 is not listed on IDEAS
    6. Cairns, Robert D., 2014. "The green paradox of the economics of exhaustible resources," Energy Policy, Elsevier, vol. 65(C), pages 78-85.
    7. Gary Koop & Lise Tole, 2008. "What is the environmental performance of firms overseas? An empirical investigation of the global gold mining industry," Journal of Productivity Analysis, Springer, vol. 30(2), pages 129-143, October.
    8. Marvasti, Akbar, 2013. "The role of price expectations and legal uncertainties in ocean mineral, exploration activities," Resources Policy, Elsevier, vol. 38(1), pages 68-74.
    9. Ishise, Hirokazu, 2016. "Capital heterogeneity as a source of comparative advantage: Putty-clay technology in a ricardian model," Journal of International Economics, Elsevier, vol. 99(C), pages 223-236.
    10. Gilbert Kollenbach, 2017. "Endogenous growth with a limited fossil fuel extraction capacity," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(1), pages 233-272, February.
    11. Toman, Michael & Krautkraemer, Jeffrey, 2003. "Fundamental Economics of Depletable Energy Supply," RFF Working Paper Series dp-03-01, Resources for the Future.
    12. Harchaoui, Tarek M. & Lasserre, Pierre, 1995. "Testing the impact of taxation on capacity choice: A 'putty clay' approach," Journal of Public Economics, Elsevier, vol. 56(3), pages 377-411, March.
    13. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.

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