Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach

Basics.- Economic Growth and Natural Resources.- Efficiency and Market Equilibrium under Resource Abundance.- Intergenerational Efficiency in Log-linear Cobb-Douglas OLG Models.- Intertemporal Market Equilibrium and Short-Run Intergenerational Efficiency.- Steady-State Market Equilibrium, Long-Run Intergenerational Efficiency, and Optimality.- Efficiency and Market Equilibrium with Scarce Renewable Resources.- Renewable Resources and Intergenerational Efficiency.- Intertemporal Market Equilibrium and Intergenerational Efficiency with Renewable Resources.- Intergenerational Equity and Market Equilibrium with Scarce Renewable Resources.- Sustainable Economic Growth with Linear Resource Regeneration.- Steady-State Sustainability under Logistically Regenerating Resources.- Shocks to Harvest Technology and Natural Regeneration.- Resource Use with Physical Harvest Costs.- Effects of Harvest Cost and Biological Shocks.