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The Economic Possibilities of Conservation

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  • L. C. Gray

Abstract

Conservation distinguished from the conservation movement, 497. — The relation between utilization and exhaustion, 499. — Economic conditions which determine the rate of exhaustion when resources are controlled by individuals, 503. — The connection between the conditions which result in economical utilization by individuals and those determining the aggregate depletion of natural resources, 509. — The costs of conservation, 512. — The absolute limits of conservation, 515. — Conclusions as to conservation policy, 518.

Suggested Citation

  • L. C. Gray, 1913. "The Economic Possibilities of Conservation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 27(3), pages 497-519.
    • Handle: RePEc:oup:qjecon:v:27:y:1913:i:3:p:497-519.
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    Cited by:

    1. Sébastien Foudi, 2012. "Exploitation of soil biota ecosystem services in agriculture: a bioeconomic approach," Working Papers 2012-02, BC3.
    2. Anne Épaulard & Jean-Pierre Laffargue & Pierre Malgrange, 2008. "Présentation générale," Economie & Prévision, La Documentation Française, vol. 0(2), pages 1-13.
    3. Marion Gaspard & Antoine Missemer, 2019. "An inquiry into the Ramsey-Hotelling connection," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 26(2), pages 352-379, March.
    4. Sean Alley & John Marangos, 2006. "A Comparative Political Economy Approach to Farming Interest Groups in Australia and the United States," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(3), pages 497-524, July.
    5. Franco, Marco P.V. & Gaspard, Marion & Mueller, Thomas, 2019. "Time discounting in Harold Hotelling's approach to natural resource economics: The unsolved ethical question," Ecological Economics, Elsevier, vol. 163(C), pages 52-60.
    6. Missemer, Antoine & Nadaud, Franck, 2020. "Energy as a factor of production: Historical roots in the American institutionalist context," Energy Economics, Elsevier, vol. 86(C).
    7. Lozada, Gabriel A., 1996. "Existence of equilibria in exhaustible resource industries Nonconvexities and discrete vs. continuous time," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 433-444.
    8. Jacquet, Jennifer & Blood-Patterson, Eli & Brooks, Cassandra & Ainley, David, 2016. "‘Rational use’ in Antarctic waters," Marine Policy, Elsevier, vol. 63(C), pages 28-34.
    9. Richard J. Brazee & L. Martin Cloutier, 2006. "Reconciling Gray and Hotelling," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(3), pages 827-856, July.
    10. Roberto Ferreira da Cunha & Antoine Missemer, 2020. "The Hotelling rule in non‐renewable resource economics: A reassessment," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 800-820, May.
    11. David Martin, 2014. "An integrated biological and economic individual-based model of tiger protection measures," Working Papers 14-04, Davidson College, Department of Economics, revised Jul 2014.
    12. Louis-Gaëtan Giraudet & Antoine Missemer, 2019. "The Economics of Energy Efficiency, a Historical Perspective," Working Papers halshs-02301636, HAL.
    13. Voosholz, Frauke, 2014. "A survey on modeling economic growth. With special interest on natural resource use," CAWM Discussion Papers 69, University of Münster, Münster Center for Economic Policy (MEP).
    14. Robert Bradley, 2007. "Resourceship: An Austrian theory of mineral resources," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(1), pages 63-90, March.
    15. Foudi, Sébastien, 2012. "The role of farmers' property rights in soil ecosystem services conservation," Ecological Economics, Elsevier, vol. 83(C), pages 90-96.
    16. FOUDI Sebastien, 2006. "Agriculture and Resource Exploitation: A Dynamic Bioeconomic Model of Agricultural Effort and Land Use Determination," LERNA Working Papers 06.25.218, LERNA, University of Toulouse.
    17. David Martin, 2013. "Gender Concerns When Noah the Economist Ranks Biodiversity Policies," Working Papers 13-02, Davidson College, Department of Economics, revised Oct 2016.
    18. repec:dav:journl:y:2016:v:7:i:11:p:1272-1289 is not listed on IDEAS
    19. Louis-Gaëtan Giraudet & Antoine Missemer, 2019. "The Economics of Energy Efficiency, a Historical Perspective," CIRED Working Papers halshs-02301636, HAL.
    20. Michel Mougeot & Pierre Malgrange, 2002. "Présentation générale," Économie et Prévision, Programme National Persée, vol. 156(5), pages 1-7.
    21. Ruth, Matthias, 2006. "A quest for the economics of sustainability and the sustainability of economics," Ecological Economics, Elsevier, vol. 56(3), pages 332-342, March.
    22. Rademeyer, Maryke C. & Minnitt, Richard C.A. & Falcon, Rosemary M.S., 2019. "A mathematical optimisation approach to modelling the economics of a coal mine," Resources Policy, Elsevier, vol. 62(C), pages 561-570.

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