Some Further Economics Of Easter Island: Adding Subsistence And Resource Conservation
AbstractWe extend Brander-Taylor's model of development on Easter Island by adding a resource subsistence requirement to people's preferences, and a conservation incentive in the form of a revenue-neutral, ad valorem tax on resource consumption. Adding subsistence improves plausibility; makes overshoot and collapse of population more extreme, and the steady state less stable; and allows for the possibility that statue building and erection will suddenly stop, in line with the archaeological evidence. We explore a tax rate path which could have almost completely prevented overshoot, and conjecture that the overall strength of this path must rise when the subsistence level rises.
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Bibliographic InfoPaper provided by Australian Agricultural and Resource Economics Society in its series 2001 Conference (45th), January 23-25, 2001, Adelaide with number 125835.
Date of creation: Jan 2001
Date of revision:
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More information through EDIRC
subsistence; renewable resources; conservation; Easter Island; Resource /Energy Economics and Policy; Q20; N57; J10;
Other versions of this item:
- John C. V. Pezzey & John M. Anderies, 2000. "Some Further Economics of Easter Island: Adding Subsistence and Resource Conservation," Working Papers in Ecological Economics 0002, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- N57 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Africa; Oceania
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
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