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The Economics Of Deep Sea Nodules: An Appraisal Of Recent Estimates

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  • EAPEN CHACKO

Abstract

The metal resources of deep sea nodules are attracting investment from many international corporations. Commercial interest in nodule mining is related to, but not governed by, existing estimates of economic profitability of the first generation ventures. Mr. Chacko reviews some of the latest published figures on costs and revenues, and these are updated and put on a comparable basis. He then argues that more attention should be paid to the long‐term objectives of corporate policy in analysing the future development of the nodule mining industry.

Suggested Citation

  • Eapen Chacko, 1978. "The Economics Of Deep Sea Nodules: An Appraisal Of Recent Estimates," Natural Resources Forum, Blackwell Publishing, vol. 2(2), pages 133-146, January.
  • Handle: RePEc:wly:natres:v:2:y:1978:i:2:p:133-146
    DOI: 10.1111/j.1477-8947.1978.tb00198.x
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    References listed on IDEAS

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    1. Nordhaus, William D, 1974. "Resources as a Constraint on Growth," American Economic Review, American Economic Association, vol. 64(2), pages 22-26, May.
    2. Robert M. Solow, 1974. "The Economics of Resources or the Resources of Economics," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 12, pages 257-276, Palgrave Macmillan.
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    Cited by:

    1. Ora H. Rostad, 1979. "Changing Concepts, Approaches And Techniques In Mineral Exploration," Natural Resources Forum, Blackwell Publishing, vol. 3(3), pages 289-297, April.

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