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Optimal investment and finance in renewable resource harvesting

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  • Jorgensen, Steffen
  • Kort, Peter M.

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  • Jorgensen, Steffen & Kort, Peter M., 1997. "Optimal investment and finance in renewable resource harvesting," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 603-630.
  • Handle: RePEc:eee:dyncon:v:21:y:1997:i:2-3:p:603-630
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    References listed on IDEAS

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    1. Hochman, Eitan & Hochman, Oded & Razin, Assaf, 1973. "Demand for investment in productive and financial capital," European Economic Review, Elsevier, vol. 4(1), pages 67-83, April.
    2. Judd, Kenneth L. & Petersen, Bruce C., 1986. "Dynamic limit pricing and internal finance," Journal of Economic Theory, Elsevier, vol. 39(2), pages 368-399, August.
    3. Steigum, Erling, Jr, 1983. "A Financial Theory of Investment Behavior," Econometrica, Econometric Society, vol. 51(3), pages 637-645, May.
    4. Schworm, William E, 1980. "Financial Constraints and Capital Accumulation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(3), pages 643-660, October.
    5. Clark, Colin W & Clarke, Frank H & Munro, Gordon R, 1979. "The Optimal Exploitation of Renewable Resource Stocks: Problems of Irreversible Investment," Econometrica, Econometric Society, vol. 47(1), pages 25-47, January.
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    Cited by:

    1. Bazdresch, Santiago, 2013. "The role of non-convex costs in firms' investment and financial dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 37(5), pages 929-950.
    2. Liski, Matti & Kort, Peter M. & Novak, Andreas, 2001. "Increasing returns and cycles in fishing," Resource and Energy Economics, Elsevier, vol. 23(3), pages 241-258, July.
    3. Louis-Pascal Mahé & Carole Ropars, 2001. "L'exploitation régulée d'une ressource renouvelable : inefficacité d'un rationnement factoriel et efficacité des quotas individuels transférables," Économie et Prévision, Programme National Persée, vol. 148(2), pages 141-156.
    4. Eduardo Zelaya de la Parra, 2003. "Optimal Investment And Finance In A Dynamic Model Of The Firm," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 2(2), pages 163-173, Junio 200.
    5. Eisenack, K. & Welsch, H. & Kropp, J.P., 2006. "A qualitative dynamical modelling approach to capital accumulation in unregulated fisheries," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2613-2636, December.
    6. Linden, Mikael, 8. "Modelling forest stock effects of forest investments in Finland 1960-2004," Scandinavian Forest Economics: Proceedings of the Biennial Meeting of the Scandinavian Society of Forest Economics, Scandinavian Society of Forest Economics, issue 41, May.
    7. Dockner, Engelbert J. & Hartl, Richard F. & Kort, Peter M., 2019. "Dynamic capital structure choice and investment timing," Journal of Economic Dynamics and Control, Elsevier, vol. 102(C), pages 70-80.

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