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 find a tax rate path which almost completely prevents 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 National University, Centre for Resource and Environmental Studies, Ecological Economics Program in its series Working Papers in Ecological Economics with number 0002.
Date of creation: Nov 2000
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Web page: http://incres.anu.edu.au/EEP/wp.html
Other versions of this item:
- Pezzey, John C.V. & Anderies, John M., 2001. "Some Further Economics Of Easter Island: Adding Subsistence And Resource Conservation," 2001 Conference (45th), January 23-25, 2001, Adelaide 125835, Australian Agricultural and Resource Economics Society.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-04-02 (All new papers)
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