Sustainable Economic Development: On the Coexistence of Resource-Dependent and Resource-Impacting Industries
AbstractThis paper studies the interactions between harvesters that depend on the renewable resource as a vital factor of production (i.e., fisheries) and industries that can have important impacts on the renewable resource but whose production does not depend on it (i.e., off-shore oil extraction) in the context of a growing economy. We examine these issues in the context of a closed economy focusing on how the co-existence between these two sectors affects the potential for sustainable development and how the well-being of the poor, i.e., the harvesters, is affected. We identify conditions under which existence and expansion of a resource-impacting sector may make sustainable development more likely. However, if these conditions are not met growth of the resource-impacting sector leads to resource depletion or even complete extinction and thus to the disappearance of the harvesting activity over the long run.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Maryland, Department of Agricultural and Resource Economics in its series Working Papers with number 92390.
Date of creation: Jun 2010
Date of revision:
Environmental Economics and Policy; Resource /Energy Economics and Policy;
Other versions of this item:
- López, Ramón, 2010. "Sustainable economic development: on the coexistence of resource-dependent and resource-impacting industries," Environment and Development Economics, Cambridge University Press, vol. 15(06), pages 687-705, December.
- NEP-AGR-2010-08-06 (Agricultural Economics)
- NEP-ALL-2010-08-06 (All new papers)
- NEP-ENE-2010-08-06 (Energy Economics)
- NEP-ENV-2010-08-06 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Smulders, Sjak & van Soest, Daan & Withagen, Cees, 2004.
"International trade, species diversity, and habitat conservation,"
Journal of Environmental Economics and Management,
Elsevier, vol. 48(2), pages 891-910, September.
- Smulders, J.A. & Soest, D.P. van & Withagen, C.A.A.M., 2004. "International trade, species diversity and habitat conservation," Open Access publications from Tilburg University urn:nbn:nl:ui:12-140731, Tilburg University.
- Angelo Antoci & Paolo Russu & Elisa Ticci, 2013.
"Investment inflows and sustainable development in a natural resource-dependent economy,"
Department of Economics University of Siena
670, Department of Economics, University of Siena.
- Angelo Antoci & Paolo Russu & Elisa Ticci, 2011. "Investement inflows and sustainable development in a natural resource-dependent economy," Department of Economic Policy, Finance and Development (DEPFID) University of Siena 0311, Department of Economic Policy, Finance and Development (DEPFID), University of Siena.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If references are entirely missing, you can add them using this form.