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Natural Non-Renewable Resources in Economic Theory

Author

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  • Constantin Alexandra Mihaela

    () (“Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration)

Abstract

Non-renewable resources can doubtlessly be regarded as the backbone of our modern society. However, most of economists have ignored the impact of non-renewable resources on the environment by dissociating the economy from the ecological network it is fundamentally linked to. The aim of this paper is, therefore, to highlight a literature overview of the most important opinions regarding non-renewable natural resources.

Suggested Citation

  • Constantin Alexandra Mihaela, 2011. "Natural Non-Renewable Resources in Economic Theory," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 243-247, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:243-247
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    More about this item

    Keywords

    renewable/non-renewable resources; technical and scientific progress; market mechanism.;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development

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