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Calcul de la valeur de différents types d’entreprises extractives

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  • Hartwick, John M.

    (Queen’s University)

Abstract

We drive formulas for the economic depreciation of three types of extractive firms—the simple purely extractive firm, the firm which simultaneously explores and extracts, and the durable exhaustible resource extractive industry. We use a unified approach and find our results—distinct yet easily compared. We also introduce expressions for the large changes in the values of firms over lenghty intervals. Nous présentons le mode de détermination de l’amortissement économique de trois types d’entreprises extractives : l’entreprise qui fait uniquement de l’extraction, l’entreprise qui effectue simultanément de l’exploration et de l’extraction et l’industrie qui extrait des ressources épuisables durables. Nous avons utilisé une approche unifiée et avons obtenu des résultats distincts, mais facilement comparables. Nous proposons également des expressions pour rendre compte des grands changements de la valeur des entreprises sur de longs intervalles de temps.

Suggested Citation

  • Hartwick, John M., 1994. "Calcul de la valeur de différents types d’entreprises extractives," L'Actualité Economique, Société Canadienne de Science Economique, vol. 70(2), pages 191-197, juin.
  • Handle: RePEc:ris:actuec:v:70:y:1994:i:2:p:191-197
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    1. Pindyck, Robert S, 1978. "The Optimal Exploration and Production of Nonrenewable Resources," Journal of Political Economy, University of Chicago Press, vol. 86(5), pages 841-861, October.
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    3. Hartwick, John M., 1991. "The non-renewable resource exploring-extracting firm and the r% rule," Resources and Energy, Elsevier, vol. 13(2), pages 129-143, June.
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