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	Provedor de dados AgEcon (8) Autor Koundouri, Phoebe (8) Antoniou, Fabio (2) Birol, Ekin (2) Hatzipanayotou, Panos (2) Remoundou, Kyriaki (2) Adaman, Fikret (1) Christou, Christina (1) Drichoutis, Andreas C. (1) Karousakis, Katia (1) Kountouris, Yiannis (1) Nauges, Celine (1) Nunes, Paulo A.L.D. (1) Mais... Palavra-chave Environmental Economics and Policy (4) Resource /Energy Economics and Policy (3) F12 (2) F18 (2) Q58 (2) Strategic Environmental Policy (2) Aquifer recharge (1) Backstop technology (1) Black Sea (1) Choice Experiment (1) Choice experiment (1) Choice of Policy Instrument (1) Conditional logit model (1) Crop choice (1) Declining Discounting (1) Developing Countries (1) Endogenous adaptation (1) Gisser–Sanchez effect (1) Groundwater resource management (1) Land Economics/Use (1) Mais... Tipo do documento Working or Discussion Paper (4) Conference Paper or Presentation (2) Journal Article (2) Ano 2011 (2) 2010 (2) 2009 (1) 2006 (1) 2005 (2) País United States (8) Idioma Inglês (8)		Registro completo Provedor de dados:  AgEcon País:  United States Título:  Dynamic adaptation to resource scarcity and backstop availability: theory and application to groundwater Autores:  Koundouri, Phoebe Christou, Christina Data:  2011-10-20 Ano:  2006 Palavras-chave:  Backstop technology Endogenous adaptation Gisser–Sanchez effect Groundwater resource management Multistage optimal control Resource /Energy Economics and Policy Resumo:  In this paper we analyse the optimal management of a renewable resource (groundwater) with stock-dependent extraction cost and a backstop substitute, facing two-sector linear demands. Application to the Kiti region in Cyprus demonstrates the model’s performance and is used to test for the difference between optimal and myopic behaviour. It is found that the presence of a backstop resource diminishes the importance of optimal dynamic behaviour, whereas in the absence of backstop the optimal control solution yields a value for social welfare significantly larger than the myopic policy. Tipo:  Journal Article Idioma:  Inglês Identificador:  http://purl.umn.edu/116930 Relação:  Australian Journal of Agricultural and Resource Economics>Volume 50, Issue 2, June 2006 Formato:  19 Fechar

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