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Resource Management in a Trading Economy


  • Partha Dasgupta
  • Robert Eastwood
  • Geoffrey Heal


I. Introduction, 297.—II. The model, 298.—III. Variable return on foreign investment, 303.—IV. Uncertain future demand, 303.—V. Conclusions, 305.

Suggested Citation

  • Partha Dasgupta & Robert Eastwood & Geoffrey Heal, 1978. "Resource Management in a Trading Economy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(2), pages 297-306.
  • Handle: RePEc:oup:qjecon:v:92:y:1978:i:2:p:297-306.

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    Cited by:

    1. F. H. Gruen & A. L. Hillman, 1981. "A Review of Issues Pertinent to Liquid Fuel Policy," The Economic Record, The Economic Society of Australia, vol. 57(2), pages 111-127, June.
    2. Abdelkader Sid Ahmed, 1988. "Vers une théorie de l'industrialisation à partir de l'exportation et de la transformation des ressources naturelles: de la « staple theory » à la rente pétrolière," Revue Tiers Monde, Programme National Persée, vol. 29(115), pages 715-812.
    3. Bazhanov, Andrei, 2011. "Зависимость Долгосрочного Роста Ресурсной Экономики От Начального Состояния: Сравнение Моделей На Примере Российской Нефтедобычи [The dependence of the potential sustainability of a resource econom," MPRA Paper 35888, University Library of Munich, Germany.
    4. Rauscher, Michael, 1985. "The use of associated gas in a petroleum exporting country: An optimal control model," Discussion Papers, Series I 200, University of Konstanz, Department of Economics.
    5. Bazhanov, A., 2011. "The Dependence of the Potential Sustainability of a Resource Economy on the Initial State: a Comparison of Models Using the Example of Russian Oil Extraction," Journal of the New Economic Association, New Economic Association, issue 12, pages 77-100.
    6. Jayadevappa, Ravishankar & Chhatre, Sumedha, 2000. "International trade and environmental quality: a survey," Ecological Economics, Elsevier, vol. 32(2), pages 175-194, February.
    7. Allen, Creina & Day, Garth, 2014. "Does China’s demand boom curb Australian iron ore mining depletion?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(2), April.
    8. Shengbao Ji & Yin-Fang Zhang & Tooraj Jamasb, 2014. "Reform of the Coal Sector in an Open Economy: The Case of China," Cambridge Working Papers in Economics 1445, Faculty of Economics, University of Cambridge.
    9. Haixiao Huang, Walter C. Labys, 2002. "Environment and trade: a review of issues and methods," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 2(1/2), pages 100-160.
    10. Frederick van der Ploeg, 2011. "Natural Resources: Curse or Blessing?," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 366-420, June.
    11. Semmler, Willi & Sieveking, Malte, 2000. "Critical debt and debt dynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 24(5-7), pages 1121-1144, June.
    12. DAUBANES Julien & GRIMAUD André, 2006. "On the North-South Effects of Environmental Policy: Rent Transfers, Relocation and Growth," LERNA Working Papers 06.26.219, LERNA, University of Toulouse.
    13. Hayat, Aziz & Ganiev, Bahodir & Tang, Xueli, 2013. "Expectations of future income and real exchange rate movements," Journal of Banking & Finance, Elsevier, vol. 37(4), pages 1274-1285.
    14. Bård Harstad, 2022. "Trade, Trees, and Contingent Trade Agreements," CESifo Working Paper Series 9596, CESifo.
    15. Bård Harstad, 2020. "Trade and Trees: How Trade Agreements Can Motivate Conservation Instead of Depletion," CESifo Working Paper Series 8569, CESifo.
    16. Bazhanov, Andrei & Belyaev, Alexander, 2009. "Адекватность Закрытой Модели Для Российской Экономики В Задаче Сравнительного Анализа Энергетической Стратегии России [Adequacy of a closed model for Russian economy in the problem of comparative a," MPRA Paper 15109, University Library of Munich, Germany.
    17. Allen, Creina & Day, Garth, 2014. "Depletion of non-renewable resources imported by China," China Economic Review, Elsevier, vol. 30(C), pages 235-243.
    18. Paul M. Comolli, 1986. "Exhaustible Resources and International Trade," Eastern Economic Journal, Eastern Economic Association, vol. 12(3), pages 291-296, Jul-Sep.
    19. Farzin, Y. H., 1999. "Optimal saving policy for exhaustible resource economies," Journal of Development Economics, Elsevier, vol. 58(1), pages 149-184, February.
    20. Day, Creina & Day, Garth, 2017. "Climate change, fossil fuel prices and depletion: The rationale for a falling export tax," Economic Modelling, Elsevier, vol. 63(C), pages 153-160.
    21. Day, Creina, 2018. "Slowing resource extraction for export: A role for taxes in a small open economy," International Review of Economics & Finance, Elsevier, vol. 56(C), pages 408-420.

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