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Ressources naturelles, impatience et progrès technique

Author

Listed:
  • Jean-Pierre Amigues

    (LERNA - Economie des Ressources Naturelles - UT Capitole - Université Toulouse Capitole - Comue de Toulouse - Communauté d'universités et établissements de Toulouse - INRA - Institut National de la Recherche Agronomique - CEA - Commissariat à l'énergie atomique et aux énergies alternatives)

  • Ngo Van Long

    (Department of Economics - PUC-Rio - Pontifícia Universidade Católica do Rio de Janeiro [Brasil] = Pontifical Catholic University of Rio de Janeiro [Brazil] = Université catholique pontificale de Rio de Janeiro [Brésil])

  • Michel Moreaux

    (UT Capitole - Université Toulouse Capitole - Comue de Toulouse - Communauté d'universités et établissements de Toulouse)

Abstract

There is a large literature on the optimal order of exploitation of natural resources. We explore the impact of specific technical progress that enables the saving of resource inputs in production on the order of exploitation. Models of growth tend to assume uniform and global technical progess. Our model however specifies that technical progress is specific to certain inputs. Under a set of plausible assumptions, we show that, for certain sets of parameter values, it may be optimal to use exclusively at first a non renewable resource, then stop using this resource and switch into a renewable resource, and finally return to the use of the non renewable resource.

Suggested Citation

  • Jean-Pierre Amigues & Ngo Van Long & Michel Moreaux, 2006. "Ressources naturelles, impatience et progrès technique," Post-Print hal-02668003, HAL.
    • Handle: RePEc:hal:journl:hal-02668003
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    Cited by:

    1. is not listed on IDEAS
    2. Cotrina-Teatino, Marco A. & Marquina-Araujo, Jairo J., 2024. "Hotelling rule in non-renewable resources: A bibliometric and systematic literature review analysis," Resources Policy, Elsevier, vol. 98(C).
    3. Murray C. Kemp & Ngo Van Long, 2007. "Extracting Several Resource Deposits of Unknown Size: Optimal Order," CIRANO Working Papers 2007s-10, CIRANO.

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    Keywords

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    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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