|
|
|
|
|
| Tajibaeva, Liaila. |
| This paper develops a model of economic growth where a natural resource is an important part of the economy. In the environment of labor and capital markets and an open access resource stock the general equilibrium approach allows for the endogenous prices and consumption, as well as labor allocation between employment and harvest of the resource for own consumption. Equilibrium for the model is defined and characterized. The analysis of steady state and approach dynamics show that if an economy has a high capital stock and high employment then it can converge to a steady state without depleting an open access resource stock. However, if an economy has low capital stock and low employment then it can deplete its resource stock. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2005 |
URL: http://purl.umn.edu/19312 |
| |
|
|
| Tajibaeva, Liaila; Haight, Robert G.; Polasky, Stephen. |
| This paper analyzes the effects of providing environmental amenities associated with open space in a discrete space urban model. The discrete space model assumes distinct neighborhoods in which developable land is homogeneous within a neighborhood but heterogeneous across neighborhoods. We solve for equilibrium allocation of development, prices and welfare given a pattern of open space provision. We also analyze the optimal provision of open space across neighborhoods. In equilibrium, housing density and price in a neighborhood is increasing in the amount of open space provided in that neighborhood. Whether housing density and prices in other neighborhoods increases or decreases depends on whether the push from reduced availability of developable land in... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/21907 |
| |
|
|
|
